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As we grow older and realize that our time in this world is short we tend to do everything to make it worth-while. We all want to leave something meaningful and valuable for our close ones and the next generations to come. Our goal is to plan our children’s future, provide for them, and to make sure that they are taken care of when we are no longer there for them. Here is where the legacy plan plays its part.  What is a Legacy Plan Simply put, the process of planning and distributing assets of a person to their loved ones

In terms of innovation, it may seem that the insurance industry is not among those that are at the frontier of digital transformation. One may get the notion that there isn’t any room for technological advancement when it comes to selling insurance products. In reality, this is not the case as there are numerous businesses in this field that have gone digital. A recent study from Accenture points out that 86% of insurers believe that in order to remain competitive, insurance companies have to implement innovative solutions to their business. For that reason, these companies have started investing in various new

The process of making a legacy plan, that is, putting ‘on paper’ your farewell thoughts to loved ones, is an emotionally draining task for most of us. Even the thought of a legacy plan immediately associates with death, and that’s not something one wants to think about. Beyond this reason, until recently it wasn’t easy or cheap to have a legacy plan in place that doesn’t carry the risk of your farewell information reaching your loved ones while you are alive and well. The latter of the two reasons is no longer an excuse. Like everything else, legacy planning has been

Every person at some point in life, especially when making bigger life decisions, starts to think about what would happen after their death. In particular, most people are concerned about what they leave behind and whether their loved ones would be taken care of. This is the time when people consider making a will, a legacy plan, getting life insurance, or preparing similar legacy documents. If you find yourself doing the same thing then you should keep on reading and find out why you need a legacy plan and how a legacy plan checklist will help you in this process. What

It is a well-known fact that in most cases death is not something that you can predict. Nobody can imagine or assume when their time will come. Sadly, many people may pass away unexpectedly, and as tragic as this event may be, it can also cause many problems for the families. The unexpected family death can be emotionally and financially devastating for every member of the close-knit family, but even for the not-so-close relatives. For instance, if a person lacks a well-prepared plan about the distribution of his or her assets and dies unexpectedly in a tragic accident or experiences a

Have you ever been in a situation where you almost had a car accident or even worse survived one? Or had a similar life-threatening event? A condition where you felt as if your life passed before your eyes and expected to see the tunnel that we all see and hear about in the movies. This means you had a near-death experience. What is a near-death experience? By definition, a near-death experience is a profound personal experience associated with death or impending death. Most researchers claim that these two situations share similar characteristics which means that no matter the outcome, the near-death

Would you consider leaving a farewell message for your loved ones to be delivered after your passing? – Distance, circumstances, unexpected death can cause situations where important things are left unsaid, or you don’t get the chance to say the final goodbye. Would you agree that having the opportunity to share a feeling, show gratitude, or simply say something comforting to your close ones is an excellent idea? We can’t deny the fact that often we are not able to exchange certain words and express our feelings, and let’s be honest, we always have something more to say after we leave.

In this “Expats guide to legacy planning”, you can read more about the key issues you may face and how to respond to the challenges by utilizing some of the best technologies for safely managing your legacy. Living a life as an expat often includes signing a number of agreements, using plenty of online platforms and tools, opening bank accounts in multiple banks and countries, buying property, and much more. Owning a wealth of assets is an aspiration of many, but it can cause long term issues for your loved ones, if you as an expat don’t consider creating a comprehensive

Personal data, which is any information that relates to an identified or identifiable living individual, is the single most important piece of information about oneself. According to Social Media Today, “Over 2.5 quintillion bytes of data are created every single day, and it’s only going to grow from there. By 2020, it’s estimated that 1.7MB of data will be created every second for every person on earth.” Allowing cookies, signing up on websites, giving your information online, subscribing to newspapers, are all ways through which you allow your data to be used by a third party. Data leaks happen even to

You will probably agree, that the family is the biggest treasure that makes life worth living. However, you would also agree that money makes life easier. When mixed together it can either go great, having the best of both worlds, or go south. You are probably asking yourself: “But we are such a happy family, that won’t happen to us.” Hopefully. But things get heated quickly when money is involved. So what is the best thing you can do today to decrease the chances of your family arguing over money? What is it that you can do to ensure that all