Before answering the question, let’s remind ourselves that life insurance payouts are generally not considered as taxable income, as reviewed in detail in the article “Do beneficiaries pay taxes on life insurance…
What does intestate mean? ‘Intestate’ describes a person who passes away without having created a will. Wills are how we manifest our explicit wishes with regard to our assets – essentially, how…
Estate planning and Wills have been used for years to protect people’s assets and ensure they’ll be inherited by the designated heirs. With the advent of digital estate planning services and online…
What is crypto Cryptocurrencies have been around for more than a decade now and it’s clear they’re here to stay. Without getting into too much detail on the history of cryptocurrency and…
The case for password managers We are witnessing society’s ever-increasing online presence these days. There are digital and financial assets, social networks and online accounts, digital wallets, mobile banking and insurance apps,…
Digital assets and their inheritance by the rightful beneficiaries are becoming an increasingly hot topic. More and more often, we hear people close to us sharing shocking stories about how their loved…
Many people think about securing themselves financially for their old age. Sure, everyone wants to maintain their quality of life when they’re old, and retirement planning is often seen as one of…
The case for password managers Since the introduction of PCs, people have been concerned about cybersecurity. In the early days of the computer industry, cybersecurity was associated primarily with protecting your PC. …
Simply put, any asset that hasn’t been used or claimed within a certain period of time is considered abandoned. There are usually very clear laws on what is considered an abandoned asset,…
You have more assets than you think. When we speak about assets, the first thing that comes to mind is stocks and investments. The reality is that people these days possess many…
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