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...
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...
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...
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...
One of the main goals that many people set for themselves is to better handle their finances. This goal is becoming more and more difficult to achieve, as people usually have multiple assets in various systems and platforms – bank accounts, insurance policies, credit...
Cryptocurrency - the silver bullet When cryptocurrency came into this world in 2008/2009 - with the whitepaper on the first cryptocurrency, Bitcoin, written by a person under the pseudonym Satoshi Nakamoto, it made a very serious claim; that it was the answer to...
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...
You’ve got a great job, opportunities for career growth, a good salary – you feel confident in your ability to provide for your family. One important thing to keep in mind, however, is that the wheel keeps turning. There will be ups and downs, and it’s a very good...
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...
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...
