Welcome Stranger to OCC!Login | Register

Writing Your Will Is A Thing of the Past: Introducing Legacy Locker

Category: General News
Posted: March 10, 2009 11:49AM
Author: Lijooni

Seems like everything is becoming technology-based nowadays. Consider for a moment what would happen to your online accounts/assets if you were to pass away. Imagine the tangle and confusion your loved ones would face as they tried to access domain names, stock portfolios and online bank account information. Lucky for us, Jeremy Toeman has figured it out. The concept is quite simple really; in the event of your death, your passwords and access codes get sent to specified individuals (like your family).

Now remember that the rules for what happens to your financial assets when you die are already set, so you still have to fill out that beneficiary form at your bank. This utility also makes sure that you're keeping your passwords updated as it will attempt to log onto your accounts periodically. The Legacy Locker can also be programmed to send out farewell emails to people when you die, which is certainly quite a cheery option("Hey Mark, I just wanted you to know that you can have my 'Charizard' Pokemon card. btw I'm dead, ttyl"). Toeman's company plans to sell Legacy Locker for $29.99 a year or, if you want to try your luck at longevity, a one time fee of $299.99. Toeman also has a market plan. He hopes to have estate planners sell this utility, which means he's got around 25,000 agents to sell the idea to in the US.



Register as a member to subscribe comments.
Guest comment
Jeremy Toeman on March 10, 2009 12:25PM
Hi, Jeremy here. Just wanted to clarify something at the end of your post - we're targeting estate planners, not real estate agents, and there are ~25,000 of them in the USA - I would love to say they were all interested so far, but we are still building those relationships!
Lijooni on March 10, 2009 12:34PM
Oh wow, Jeremy Toeman! Hi and I'll correct that right away, my apologies.
ClayMeow on March 10, 2009 01:52PM
I was telling Lijooni how your service makes complete sense in today's society. Good luck with everything :)
d3bruts1d on March 11, 2009 03:16AM
Consider me old fashion, but writing them down and sticking them in a safe or a deposit box works just as well. :p You get the added bonus of not having to worry about a site attempting to log in to your accounts, becoming compromised, or mistakenly sending out a "good bye email" due to a system bug. Don't get me wrong, it's a great idea... just not one I would use.
ClayMeow on March 11, 2009 12:59PM
I agree 100%. I said it makes sense in today's society, but I never said I'd personally use it. heh

This news has comment postings disabled because it is now archived.

© 2001-2012 Overclockers Club ® Privacy Policy
Elapsed: 0.0191950798