A cold wallet is a physical storage device, such as a USB drive. It stores your crypto offline. The downsides of this option include the cost of the hardware, and that the device may be a small object which may easily be misplaced.
Author Archives: Skvarna Law
15
Jul
Jul
Expressing your end-of-life wishes during a family meeting helps ensure that everyone stays on the same page when the time comes.
08
Jul
Jul
The first step to protecting your artistic legacy is to catalog your artwork, including pieces you sold. Specify how much to sell each piece for. This information may aid artwork evaluation.
24
Jun
Jun
If you live in one of the above states, the debts your spouse incurred during marriage become your debts. As a result, if you cannot repay an insolvent estate, the court could rule you responsible for repayment.
17
Jun
Jun
About 80 percent of Americans carry some type of debt. This includes credit cards and student loans as well as mortgage debt and personal loans.
10
Jun
Jun
The National Association of Home Builders reports that people owned 7.5 million second homes in 2018. This makes up 5.5 percent of the total number of homes. Such vacation property must be planned for, managed, and maintained. What’s more, they birth happy memories for their owners. Consider these estate planning questions to protect your place […]
26
May
May
Blended families challenge us in life and death. Someone with children from a previous marriage balances wanting to provide for their children and their spouse. Specifically, concerns arise relative to the money left to the current spouse.
20
May
May
Using a bypass trust is another way to avoid the estate tax. In this case, Meat Loaf could have created a trust to hold an amount equal to his unused individual lifetime exclusion amount ($12.06 million), with any excess passing to his wife either outright or through a marital trust, therefore bypassing estate tax liability.
13
May
May
By the time he died, Meat Loaf had appeared in hundreds of TV shows, endearing himself to a younger generation with roles in Wayne’s World and Fight Club. He married twice, and had two children.
Estate Attorney, Estate Planning, Guardianship, Life Changes, Trusts
Update Estate Plans as often as a Resume?
06
May
May
Is everything the same today as when you signed your will, trust agreement, and other estate planning documents? If not, then take steps to make sure your estate plan reflects those changes.