Cyber security breaches in companies which manage your financial assets are not rare these days. Such a breach can put your financial and digital assets at a great risk. A new report by Check Point Research (CPR) warns that using AI technologies such as ChatGPT can...
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Is estate planning still the answer for digital asset inheritance?
Estate planning is an established process for wealthy individuals to protect their financial assets. Its mass adoption was always hindered by its high cost, associated with expensive attorneys and law firms involved in the creation and update of the estate planning...
How to find out whether you’ve been named as someone’s beneficiary
Life insurance Life insurance policies serve a very specific purpose. When one or more people are financially dependent on another person, if that person passes away, their loved ones are left to deal with several very difficult and very different things. They...
5 Reasons to create your digital inheritance now
Digital inheritance is becoming increasingly important in the modern world as more and more of our important data and documents are held in digital format. From social media accounts to cryptocurrency wallets, digital inheritance can help ensure that your digital...
Estate Planning 101: A “catch-all” clause sounds great, but who knows what and where “all” is?
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...
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...
Peter Minev, the co-founder of DGLegacy®, at Digitale Leute Summit 2022
We are excited to share that Peter Minev, the co-founder of DGLegacy®, was one of the top-notch international speakers at Digitale Leute Summit 2022 on November 15th and 16th. As we have already mentioned, Peter Minev is an entrepreneur and an engineering leader who...
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,’...
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...