Comparison of market crises by percentage drop The financial markets have been in turmoil over the past few days, with major indices experiencing sharp declines reminiscent of past economic crises. As of April 4, 2025, the Dow Jones Industrial Average dropped over...
What is KYC Policy? Know Your Customer (KYC) is a standard in the finance industry that ensures investment advisors, banks, and other financial institutions verify the identity, suitability, and risks involved with maintaining a business relationship with their...
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 payouts?” There are a few exceptions discussed in the...
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 we want our estate to be inherited after we pass away. Not having a will...
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 wills, we would expect this protection to be even greater, especially...
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 different types there are - you can read more on both topics and more in our...
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, and online trading platforms – to...
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 one passed away suddenly in their prime and the family was not...
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 primary means of achieving this. But what exactly is a retirement...
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. That was normal back then. The cloud and the...
