Ok, we all know the theory – spend less than you earn, save, have more than one source of income, build passive income sources, etc. Theory is one thing, applying it is another. You work and earn a salary, but you can hardly save and you don’t have any other source of...
Since we launched DGLegacy, we have been hearing such horrible stories! Some of them have truly shocked us. We heard this latest one yesterday. And this time, we agreed that we really had to start documenting them. Here goes... Yesterday evening, I drove to a small...
Financial planning In personal finance, almost everyone understands financial planning as an overall plan for how to achieve certain financial goals. The plan might include using various financial tools such as investing in stock markets, buying company stocks through...
The democratization of online trading. Online trading platforms democratized investment by providing access to it for everyone. In the past, this was primarily a privilege of professional brokers. These days, many people with various professional backgrounds and jobs...
The emergence of digital inheritance fintech services. Digital Inheritance ?! More or less everyone understands inheritance as the passing of assets to beneficiaries whom the owner has appointed. Two hundred years ago, inheritance was a pretty simple process,...
The hidden secret of investment portfolios and digital wallets The democratization of online investment and stock trading Many people these days have various assets, such as bank accounts, insurances, stocks, options, commodities, and real estate. Thanks to a new...
What are the benefits of using an asset protection service? In our post about “Asset protection and why you absolutely need it,” we discussed in detail what asset protection is. An important clarification that we made is that asset protection is not only a privilege...
Traditional wills vs. digital inheritance When we speak about asset protection, inevitably wills and traditional inheritance pop up. We have already reviewed in detail in our blog “Best way to protect assets and ensure loved ones are secure” why traditional wills and...
Why do you need asset protection? Asset protection helps people ensure that their assets are protected against seizure or other forms of loss by, for example, establishing an irrevocable trust to protect personal or business assets against the claims of creditors. But...
Why asset protection? Many people think that asset protection is needed only by the very rich, who often proactively manage their assets. That couldn’t be more wrong. In real life, it’s actually the opposite – the fewer assets you have, the more important they are for...
