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

Lijooni - March 10, 2009 11:49AM in General News

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.