Got a question? See our frequently asked questions below
General
What plans does Everlasting have?
Everlasting has three tailor-made plans that cater to your specific needs. Choose from our Secure plan for a reliable backup solution for your digital assets; Estate plan for a comprehensive legal and technology framework for your digital estate; or Staking for a personalised approach to managing and growing your crypto portfolio with the help of your trusted team of advisors.
Does Everlasting also manage NFTs?
Absolutely! Your Non-Fungible Token (NFT) collection can be included in your chosen plan, ensuring secure storage and managing any ongoing royalties for NFT creators.
Is there a minimum amount of crypto I need to have to take out a policy with Everlasting?
No, there’s no minimum requirement to sign up with Everlasting. Our plans are designed for individuals who prioritise security and/or legacy.
Do I need a lawyer to set up an Everlasting plan?
While our Secure plan can be set up without the help of a lawyer, it’s always recommended that you seek legal advice when making decisions about your digital assets. For our Estate and Wealth plans, the involvement of a lawyer is necessary to ensure that your digital estate is properly managed and protected. Regardless, the Everlasting team is here to support you throughout the process and can provide recommendations if needed.
How long does it take to set up an Everlasting plan?
The time it takes to set up an Everlasting plan varies based on your requirements and any existing estate foundations you have in place. Typically, onboarding takes 2-4 weeks.
Can I add more crypto to my Everlasting plan later?
Of course! The Everlasting team will work with you to find the best option for increasing the amount of crypto in your plan.
Secure
What is a Multi-Key wallet?
A multi-key crypto wallet, also known as a multi-sig or multi-signature wallet, is a type of cryptocurrency wallet that requires multiple keys or signatures in order to access the funds stored within it. Unlike traditional crypto wallets, where a single private key is used to access the funds, a multi-key wallet is programmed to require signatures from multiple private keys before the funds can be transferred or spent. This added security feature provides an extra layer of protection against theft or hacking, as an attacker would need to compromise multiple keys in order to access the funds.
Is Everlasting's Multi-Key Wallet Custodial or Non-Custodial?
Everlasting’s multi-key wallet is non-custodial, meaning you retain full control and ownership of your funds. You are in charge of your own private keys, providing greater security and privacy.
What If I Lose a Key to My Multi-Key Wallet?
Don’t worry! If this situation occurs, simply reach out to the Everlasting team and we’ll complete identity and biometric checks then assist you in revoking the permissions of the lost key and granting them to a new address you provide.
Can I Withdraw Funds from My Multi-Key Wallet?
Yes, you have complete control over your funds and can withdraw them at any time. If you have any questions or concerns, our team is here to support you.
Estate
What is Crypto Estate Planning?
Crypto Estate Planning is the process of organizing and securing digital assets for the future. The goal is to ensure that these assets are properly managed and distributed to the intended beneficiaries in the event of death or incapacitation. The key benefit is that you are establishing a legal structure to ensure that professionals can work with your executor to ensure your wishes are carried out.
Why is Crypto Estate Planning Important?
Cryptocurrencies are relatively new and rapidly evolving assets, and there is no established system for transferring ownership in the event of death or incapacity. It is important to have a plan in place to secure and distribute these assets, so they do not become lost or unclaimed. Leaving a copy of your seed phrase is not a complete solution and puts your assets at risk of loss or disputes.
What Happens to Cryptocurrency in the Event of Death or Incapacity?
In the absence of proper estate planning, digital assets such as cryptocurrency can become inaccessible. This can result in significant financial losses and cause added stress for family members and loved ones if wealth they believed was there is inaccessible.
How many people can I nominate in my Everlasting estate management policy in the event of my death?
Like a normal estate, having more people nominated creates additional complexities. The Everlasting team is happy to work with you to ensure everyone is included.
What is the best legal structure for my Everlasting Estate Plan?
At Everlasting, we believe it is important to seek independent legal advice when determining the best legal structure for your Everlasting Estate Plan. Our clients typically choose one of three options: in the name of the individual, a joint plan with a partner, or in a trust. Regardless of your choice, our team is here to provide you with additional information and support. Don’t hesitate to reach out to us for more information to inform the discussion with your lawyer.
Wealth
What is the Everlasting Wealth Plan?
The Everlasting Wealth Plan is the ultimate solution for modern wealth management. Whether you are a self-directed investor or part of a family office, this plan offers a digital asset platform to help you manage your wealth with confidence. With top-notch security measures in place and real-time reporting, you can stay informed and in control of your assets at all times. From non-custodial multi-key wallets to Staking and DeFi trading capabilities, the Everlasting Wealth Plan is the perfect choice for anyone looking to stay ahead of the game in the ever-evolving world of crypto.
Can I tailor the Everlasting Wealth Plan to my needs?
What professional services does Everlasting work with?
Does Everlasting provide digital asset attestation services?
Everlasting's digital asset attestation services are made available through our partnership with Ernst & Young (EY). Please reach out to us and we would be happy to facilitate a connection for you.
Is Everlasting compliant with industry risk control frameworks?
Everlasting is in the process of attaining Service Organization Control Type 2 (SOC2) and Technology Risk Management Framework (TRM) certification, working closely with Ernst & Young (EY) to ensure we meet the industry standards and provide the best security to our clients. Contact us to find out more about our progress and how it may impact your needs.