Tuesday, April 7, 2009

Legacy Locker Launches Service To Help Solve The Problem Of What Happens to Your Online Accounts After You Die

Estate planning attorneys and consumers have a new service to help transfer digital assets in the event of death or incapacitation

San Francisco, CA (PRWEB) April 7, 2009 -- Legacy Locker, the safe and secure way to pass online accounts to friends and loved ones, today announced the launch of their service. Legacy Locker stores important online information, and allows beneficiaries to retrieve content in the event of a user's death or incapacitation, similar to an online safety deposit box. Users can sign up by visiting www.legacylocker.com.

"Think about all the time we spend online these days, whether on email, social networking, or even playing World of Warcraft. All those things are digital assets, and they represent significant investments in time and a lot of personal value," says Jeremy Toeman, founder of Legacy Locker. "As we collectively accumulate these digital assets, it's becoming increasingly problematic for people to properly protect them in the event of their passing."

Think about all the time we spend online these days, whether on email, social networking, or even playing World of Warcraft. All those things are digital assets, and they represent significant investments in time and a lot of personal value
Legacy Locker is simple to use, and can be easily updated and accessed from anywhere in the world. Users enter online account information in their locker, such as email addresses or photo sharing sites (and nearly everything else that requires a login). For every account they store, users assign a beneficiary, someone to whom they want to entrust their digital assets. In the event of the user's passing, the assets are electronically delivered to the designated beneficiaries.

Conceptually the site is similar to an electronic will, but specific to digital information rather than physical assets. Account holders add multiple assets and create as many beneficiaries as they like. Additionally, a user can create "Legacy Letters", the contents of which are automatically emailed to loved ones, friends, or colleagues when a death is reported.

Legacy Locker offers its service direct to consumers, but also works with professional estate planners to help make online accounts an included part of the estate planning process. There are over 12 million households with children in the United States that have established wills using estate planners or through downloaded software "The service is offered as a one-time fee for $299.99, or annually at $29.99 per year, and free trial accounts are also available." Legacy Locker is targeted toward households with children and a will or estate plan, people who are already planning for the future and are concerned about their accumulated assets.

About Legacy Locker
Legacy Locker (www.legacylocker.com) is the safe, secure way to pass online accounts to friends and loved ones. Legacy Locker is targeted towards the 12 million households who have children and a will (or estate plan), and will primarily be marketed through estate planners. Founded in 2008 by Jeremy Toeman and Adam Burg, LegacyLocker Inc. is a privately held company based in San Francisco, CA.

Press Contact:
David Speiser
Stage Two Consulting
david (at) stagetwoconsulting (dot) com
650-515-6635

Professional Estate & Financial Planners Contact:
Adam Burg
LegacyLocker Inc.
adam (at) legacylocker (dot) com
415-830-5902

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[Via Legal / Law]

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