A living trust, also known as a revocable trust, is a type of trust in which an individual places assets during his lifetime, which then transfers to any number of designated beneficiaries after the individual’s death.
With SecretValet, you can encrypt all of your assets into a digital time capsule and designate your beneficiaries as recipients. We automatically deliver the content of the capsule along with your personalized instructions to them when it is time. All of the capsule contents are stored encrypted and only your recipients can decrypt it. You can also designate a delegate which can be your attorney or a trusted family member. The capsule can be delivered on a certain date, if you pass on or if you stop responding to our regular checkin’s with you. All automatically, secure and easy to setup.
I remember growing up as a child being very close to my grandmother. We used to visit her in old Jerusalem every summer and I would look forward to hearing her stories of bravery about our grandfather during world war I. I was particularly fond of hearing about their love story and how they enjoyed riding their horses every afternoon until sunset, stories of endurance and stories of survival throughout the conflicts in that part of the world.
Most people are familiar with their physical net worth. It is how much something physical (a house, car, savings account, etc.) is worth minus how much one may owe on it. But what about digital assets?
Everyone has heard of encryption in the news these days. And everyone has a basic idea of what it is, but the details of encryption and how it is implemented can make the difference between whether your data is truly secure or if you merely have the illusion of security. This is why at SecretValet we use something called “Zero Knowledge Encryption”, but I’m getting ahead of myself. Continue reading Zero Knowledge Encryption→