Post
Topic
Board Bitcoin Discussion
Re: Make sure you have a contingency plan for your assets
by
dunfida
on 18/09/2024, 21:46:26 UTC
I have spoken on this subject in the past but it feels more real than it ever has since my dad just had a major brain stroke on Friday. I can see my mom is very unsure of how to manage the financials and it’s a very tricky spot to navigate with my dad only being able to spit out a few words at a time, I am hopeful for a full recovery. My dad is getting better by the day which is good but it’s a long road to recovery. My family can tell that he is worried about his assets and he has made attempts to tell my mother and brothers what to do, we believe he was trading all his coins into a volatile crypto right now and want to help him stabilize that. I have my flight booked and I’ll be there in a few days to help with everything but now more so than ever if you haven’t taken the time to fill in your significant other or trusted family member what to do in the event of something like this happening then you need to make sure that is in place not only for all your crypto assets but physical and anything you can pass on. We are not promised tomorrow, I am thankful my dad is alright. I believe he will recover. If you can please send prayers for him and my family 🙏

Make sure you have a plan in place so your loved ones are set up for success and never be in this type of situation.
Sending up prayers for your Dad for fast recovery mate. He would really be alright.

In regarding about the situation then this is indeed something hard when someone whose the one taking care all the bills will be having some health issues on which it would be resulting into some possible
problems on how to make things still be in order specially on business or financial aspect then it would really be hard if there's none of the family members isnt really that knowing on what your father is doing
or someone whose really that the one who raises up the family. As a husband or father then the only one whom you can trust is really that your wife. If you are assets are really that put up on crypto space
then it will really be ideal that you should really be teaching her on how to managed it out on the moment of emergencies or the time that you cant be able to do so.

I do agree into those sentiments above that it would really ideal always that  you should also have that physical business in real life and not really just that fully focusing on crypto
so that in case if there would be some emergencies then the rest of the family do knows on how they would really be handling it.