What is asset protection? Many people dream of becoming wealthy, but what they don’t realize is that once they’ve attained a significant number of assets, it’s not a trivial task to protect them. In the financial world, asset protection means using strategies to...
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 more assets, even if they don’t realize it. These include retirement plans, bank...
OK, financial planning is complex enough. There are various aspects you need to consider, multiple moving parts to account for, a lot of scenarios to think about. Every one of us needs to do it at some point, and the sooner we realize it’s an ongoing effort (as...
What measures should we take regarding our personal finances when our partner is not financially literate? If something unforeseen happens to you, a lack of financial literacy in your partner is guaranteed to cause financial turmoil in the family. More and more people...
Digital vaults Digital vaults enable people to organize and track their complex digital world. In the vault, people can store and organize various types of information, such as insurance policies, health records, wills, and details about various digital, physical,...
What is inheritance? Let’s take a step back and talk about the concept of asset inheritance in general. Simply put, this is the process of a beneficiary (a person or a group of people) receiving ownership of assets that belonged to another person (the benefactor) upon...
While on vacation, the main goal is to relax and recharge with positive emotions to more easily cope with your work and daily tasks when you get back home. Of course, each trip involves some kind of preparation, which varies in duration and complexity, depending on...
Have you ever wondered how your grandparents and your great-grandparents protected their assets and whether they even needed to? If we look back about a hundred years, we find that people back then did not have many assets. Each family owned one house, had one or two...
Protecting your assets With the technological advancements in our daily lives, many of us don’t notice that it’s becoming easier than ever to create and own digital and financial assets. The examples are numerous. The fintech revolution created many neobanks, online...
Sometimes we become overly focused on the general idea of something and forget about the little details that could “make or break” it. This applies absolutely to our finances. It’s undoubtedly tempting to continuously improve our financial standing – either by adding...
