In conjunction with the Society of Will Writers, Safe4 have created a Digital Inheritance Vault to be launched at the Society’s annual conference on 5 and 6 October 2015 in Redditch, Worcestershire. The Vault will be available to members of the Society, who provide an extensive range of inheritance planning services to their clients: wills, trusts, deeds, lasting powers of attorney, and of course probate.
But in addition to securely holding all of the information needed for probate, the Vault will be offered to members’ clients to store many other vital documents. Financial records, certificates, insurance policies, identity documents and a host of other critical pieces of information – including funeral plans and wishes – can be stored in a client’s Vault.
The Digital Inheritance Vault can also be used to pass on many treasured family memories that might otherwise be lost after probate has been completed. Family photographs, favourite recipes, videos, music, and a host of other items will be valued by future generations if they are preserved and made available.
One of the most important benefits of using the Vault will be to address an area that has only recently emerged as a significant issue – the Digital Legacy. This will be dealt with in greater detail in a separate post, but what happens to email accounts, and personal information stored in LinkedIn, Facebook, Twitter, PayPal, eBay and similar online systems after somebody dies?
Allied to all of this, of course, is the overwhelming need for security. Safe4 has consistently placed a premium on maximising security since the company was launched in 2010, and is now independently recognised as being among safest 1% of sites on the internet. Of vital importance when the nature of information stored in a Digital Inheritance Vault is considered.