How does Cryptocurrency impact Estate Planning?
With the increasing investment in Cryptocurrency, people are trying to figure out ways to ensure the security of their funds and Wallets. Stories of losing huge funds stored in Cryptocurrency accounts have made people interested in guarding this asset through an Estate Plan. The difference between Cryptocurrency and other tangible assets in terms of access, […]
Challenges In Estate Planning With Cryptocurrency
Cryptocurrency has seen continuous rises and dips in value since its inception but the human desire to be in total control of financial funds has never let it down in terms of popularity. People now understand that Cryptocurrency is a valuable asset(intangible) and like tangible assets need to be secured for the future. Individuals are […]
Understanding Cryptocurrency and Inheritance
Cryptocurrency is a Digital Asset that is built on Blockchain technology and only has Online existence. Ledger is the term used for the computerized database that handles transaction records backed by Asymmetric Cryptography for security. Used for transactions online, the IRS(Internal Review Service) considers cryptocurrency as a financial asset. In this post you will learn […]
6 Essential Tools For Estate Planning
Creating an Estate Plan for your assets can be a tedious process. Some might not even consider making one. They believe that their assets aren’t valuable enough to be passed on via a will. The significance of Estate Planning is often undermined, and it’s only following the death of an individual that people understand its […]
5 Benefits Of Having An Advance Directive
The Conversation Project’s study found that 92 percent of Americans believe it necessary to discuss end-of-life care with family members, but only 32 percent have done so. Another survey conducted by Health Affairs in July 2017 revealed that most Americans do not have their end-of-life choices in writing or have advance care planning. There is […]
An Ultimate Guide To Advance Healthcare Directives
The Covid-19 pandemic has made life extremely unpredictable, which is why End of Life Planning is crucial. And, Advance Healthcare Directives are essential when it comes to end of life planning. It helps you specify your healthcare preferences in case of incapacitation or terminal illness. It may seem uncomfortable to bring up serious subjects like […]
Why is Advance Directive Important in End of Life Planning?
The COVID-19 pandemic has made it clear that life is uncertain and has highlighted the importance of having plans in place of navigating the unknown. One of the best ways to have a plan is by creating an Advance Directive. An Advance Directive is a legal document that tells your health care providers what kind […]
5 Reasons Why You Should Create Advance Directives
Are you starting to plan for your end of life care? Well! Planning for the end of life care can be tough. But what if we say there’s a way to make things easier for you and your family? We have two words for you: Advance Directives. An Advance Directive ensures your wishes regarding healthcare […]
Ensuring Digital Assets Are In Right Hands with Estate Planning and Managing Executor’s Access
We are gradually transitioning into a digital world governed by security, privacy, and permanence. With scaling technology, it becomes all the more important to adapt to digitalization and acquire and preserve essential assets of high value in the form of digital assets in a will. This article will dig deeper into digital assets that can […]
Executor of an Estate: Everything You Need to Know
Estate Planning has always played a crucial role in how we plan our lives and help our loved ones deal with emergencies. This is especially true today with the pandemic. Now, it is not sufficient to create an Estate Plan—you need an Estate Plan you know will be executed perfectly. So, how can you make […]
