Simple Money Wins
Anthony S. Park
Executor, Attorney, Entrepreneur
I’m a New York executor and attorney, helping folks with estates, real estate, and inheritance.
I’m also an entrepreneur, ranging from running a factory in east Africa to local retail businesses.
I also podcast and write books, to share knowledge about how to make your legal and money matters easier.
E206 How to Set Up a Bitcoin Revocable Trust
/in Personal Finance, Probate /by Anthony ParkCryptocurrency (such as Bitcoin) is a new and unique asset. It’s sort of like cash, personal property, and intellectual property all in one. You need to plan for this type of asset in a different way than you would for your bank or brokerage account.
If you want a revocable trust for your bitcoin, you’ll need both a legal plan and a technical plan.
E205 A DIY Probate Story: 4 Years Wasted
/in New York Probate, New York Probate Attorney, Non-NY Probate, Non-US Probate, Probate /by Anthony ParkThis is “Sam’s” cautionary tale of trying to DIY his dad’s estate over four years, with zero progress. I like to call this a Sisyphus story. Sisyphus was a figure from Greek mythology whose punishment for eternity was to push a heavy stone up a hill, but right when he would get to the top, the stone would come sliding back down to the bottom for him to start over again for all eternity. That is what Sam has felt like for the past four years.
E204 How to Make Sure You Don’t Leave Anything to …
/in New York Wills and Trusts, Solo Agers, Wills /by Anthony ParkMany of our Solo Ager clients want to make sure they don’t leave anything to a relative who is distant, estranged, or they just dislike. Here are a couple of common misconceptions – and the best solution.