Wednesday, April 24, 2019

Can Digital Assets be inherited by your love one ???


'According to Forbes magazine, Mellon was worth an estimated $1 billion ($1.38b) because of an extraordinary gamble in Ripple cryptocurrency –money similar to Bitcoin which exists only in the digital world. He turned an initial $2 million investment into an online fortune.

He "cashed out" $350 million of his investment on January 3 – just six days before the value of Ripple plunged by 80 per cent. The market has since rallied, meaning his remaining investment is currently worth about a quarter of a billion dollars – and rising. But a disturbing question remains about where the money is.’

The above is an example on poor digital assets planning where his family members are not able to find the passwords to access his cryptocurrency investment that worth billion.

Sunday, April 14, 2019

What is the different between Executors and Administrators ?

What is the difference between executors and administrators as they relate to Wills?
If a person has a valid Will, then in his or her Will, there will be someone appointed as an executor. In most Wills, more than one executor appointed. This ensures that if the first executor also dies or is unable to act as the executor, there are backups to carry out the wishes of the testator.

Thursday, April 4, 2019

我买了一大堆的保险,还怕子子孙孙不够吃吗?

很多人,包括我自己在懂得遗嘱、信托知识之前,都会认为,买了保险、填了受益人,死后家人就会有保障。但原来事实并非如此。

相信大家都听过很多案例,家人拿到保险赔偿金后钱一下子就被骗光、花光;不善理财的孩子因为忽然有很多钱而误入歧途、甚至有断送生命的;孩子还小,赔偿金被交到监护人手中却没有用在孩子身上,等等等等等,数不尽、道不完。

原来,买了保险、填了受益人,可以再加

《白嘉志“传奇”》PART 1

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