How Do You Save Your Assets To Ensure They Are Not Lost In Your Absence? - Investment - Nairaland
Nairaland Forum / Nairaland / General / Investment / How Do You Save Your Assets To Ensure They Are Not Lost In Your Absence? (1757 Views)
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| How Do You Save Your Assets To Ensure They Are Not Lost In Your Absence? by Tabbaz(m): 10:38am On Jan 20, 2019 |
It's popularly known that an average African man is afraid of himself not to talk of his siblings or lovers. Because of this, most people keep their asset as a secret away from their wife/husband/siblings/parent etc. If any negativity happens to individual such as death, loss of memory etc, an asset that is not known by anyone save him cannot be accessed. Even Banks in Nigeria are known to inherit billions yearly from dead people's account that no one claims. Digital assets such as crypto (bitcoin and alts), digital currencies (paypal, payoneer, skrill, neteller etc) are the worst because they have no physical presence. Let's share our knowledge here about how individual ensure his treasure is not lost after his demise or other disability that may affect his mental health. cc lalasticlala dominique mynd44 1 Like 2 Shares
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| Re: How Do You Save Your Assets To Ensure They Are Not Lost In Your Absence? by BRAINZBox(m): 12:46pm On Jan 23, 2019 |
Quite interesting. Same thing has crossed my mind some long time ago. Especially with these modern (personally, I think, better) digi wallet and Cryptos. One temporary solution is storing the passwords to these e-wallets either online (e.g. email) or offline (on PC preferably). There should at least be a family member that can "recover" these passwords somehow, if something goes amiss. So, just let them know.... Still risky tho... I await further suggestions.. #my50kobo |
| Re: How Do You Save Your Assets To Ensure They Are Not Lost In Your Absence? by Grupo(m): 8:03am On Feb 05, 2019 |
I found a book on Amazon on this topic. That book is very comprehensive. I'll find the direct link to the book and paste it here later. |
| Re: How Do You Save Your Assets To Ensure They Are Not Lost In Your Absence? by nymphomaniac(m): 8:12am On Feb 05, 2019 |
Write a Will. It's very important to do that as in the document details about secret properties are detailed for beneficiaries. A will can be written by anyone but it is advisable to employ the services of a lawyer so that there will no contravention of the laws governing the Making of wills. Kindly contact by my signature for advice. 1 Like |
| Re: How Do You Save Your Assets To Ensure They Are Not Lost In Your Absence? by Tabbaz(m): 4:31pm On Feb 05, 2019 |
Grupo:ok cool. |
| Re: How Do You Save Your Assets To Ensure They Are Not Lost In Your Absence? by Tabbaz(m): 4:33pm On Feb 05, 2019 |
nymphomaniac:I don't know lawyers deal with login details of e-asset of their clients. can such be written in a will too? won't the lawyer compromise and defraud the client? note that online account is already vulnerable to hack, so it's plausible to act ignorant about the fraud |
| Re: How Do You Save Your Assets To Ensure They Are Not Lost In Your Absence? by nymphomaniac(m): 6:28pm On Feb 05, 2019 |
Tabbaz:Yes! Lawyers can deal with the e-assets of their clients. Yes! Such details can be written in a will. On the area of lawyers defrauding their clients, all I can say is that lawyers are one of the most trustworthy people on Earth but should the devil use any lawyer, there are disciplinary bodies ready to investigate and punish the errant lawyer if proved. If you go through the law reports, you see cases of lawyers being disbarred for conducts like you just stated. PS: I handled a will job for a client some months ago. In the will the login details to the clients blockchain accounts and ATM pins were included. It's all about trust in your lawyer and his professionalism. |
| Re: How Do You Save Your Assets To Ensure They Are Not Lost In Your Absence? by ernie4life(m): 7:36pm On Feb 05, 2019 |
How about detailing all your assets and how it can be accessed, place in a safe vault and tell only your most trusted person. I have seen cases where a man dies and the family is suffering not knowing he had millions is a secret account. |
| Re: How Do You Save Your Assets To Ensure They Are Not Lost In Your Absence? by Tabbaz(m): 1:55pm On Feb 06, 2019 |
nymphomaniac:wow! that's interesting |
| Re: How Do You Save Your Assets To Ensure They Are Not Lost In Your Absence? by Speedyconnect15: 4:48pm On Feb 13, 2019 |
More on this please |
| Re: How Do You Save Your Assets To Ensure They Are Not Lost In Your Absence? by blaquemyc: 10:49am On Sep 27, 2023 |
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