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Gift of a lifetime

During the global pandemic, advisors may have seen an increase in clients who wish to make gifts, perhaps to support family members who have been affected by the current situation or as part of their wider succession planning.

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Who gets the keys to your digital estate?

You may not own cryptocurrency or nonfungible tokens. You may not have a big Instagram following or run an online business. But if you do almost anything online, you probably have digital assets — electronic records that you own, control or license.

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What is a deceased insolvent estate?

A deceased estate is insolvent when the deceased person’s liabilities exceed the value of their assets. This leads to creditors being owed money by the estate, which must be repaid as far as funds allow.

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