Estate Planning can protect your assets... or can it, really? Many people consider taking the costly and time-consuming step of estate planning in an attempt to protect their assets and ensure their legacy is properly managed. Estate planning is usually done by...
Blog Posts
What happens if a person dies intestate?
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...
What happens to digital assets when you die?
What are digital assets exactly? Before talking about what happens to digital assets after a person passes away, let’s clarify what we mean by digital assets. We don’t mean accounts on social platforms or email providers. The reason is that in recent years these...
Why do assets stay unclaimed?
What are unclaimed assets? When a legal event occurs that mandates that assets are passed on to another person or entity, but that transfer of ownership does not take place, those assets are known as ‘unclaimed assets’. They are different from ‘abandoned assets,’...
The biggest pain points to avoid for your will to be valid
Many of us create a will to ensure our inheritance is distributed to the specified beneficiaries per our wishes, should anything happen to us. We believe that crafting a will provides peace of mind for us and our loved ones, but there are certain reasons why a will...
DGLegacy® Family Account: Transparency for Your Family Inheritance
Many of us struggle to ensure transparency for our digital and financial assets, even with our closest family members. But when we add to the picture the assets that our family members possess, be it parents or our partner, the task of keeping track of them becomes...
How a big global bank “forgot” to pay out millions of dollars from the accounts of deceased people.
And we thought that big global banks provided financial security … A very interesting case revealed by Bloomberg demonstrates that even big global banks tend to “forget” to transfer the money they manage into the estates of deceased clients. The case is about...
Can estate planning still protect your digital assets?
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 happens to life insurance with no beneficiary?
Many of us take out life insurance, wishing to protect our loved ones if we die. It’s not uncommon for people to have even multiple life insurances. While this might sound strange at first glance, the case for this is quite straightforward. You take out your first...
The hidden risk for angel investors
Angel investments on the rise With the low and often even negative interest rates on bank deposits, and the modest returns on mutual funds, especially when we take into consideration inflation rates and fund and brokerage fees, it’s not surprising that many people are...