Legacy Locker passes all your web accounts on to your beneficiary

I read a story in this morning’s NZ Herald which doesn’t appear to be available online. It was about a new web site which people can use to pass on all their passwords and account details for everything they do on the web from your online banking to all your web sites, social networking pages etc.

This was something I hadn’t considered before from my own perspective, or from those I leave behind. There are of course practical issues, such as having access to my online banking accounts but also my blogs, the sites where I post my music, such as MySpace and Music Forte, and my social networking sites such as LinkedIn and Facebook.

The practical things are important because I would want to ensure that my beneficiaries have access to all my assets, but there are also the emotional considerations. Unless someone does something about it, my blogs and my social networking pages will remain forever. Personally I think it would be nice to leave a digital footprint behind, especially for my music, but also where people can remember me, almost like a legacy, where my own perspectives can be seen, rather than other people’s interpretations of them.

The NZ Herald story, which came from Telegraph Group Ltd, (which I also couldn’t find online) raised issues of the pain that it might cause to people left behind, when their loved ones pass away, seeing all their posts, photos and other net based activities, like footprints in the sand that people can see in time to come. It could be very painful.

On the other hand, I would love to be able to access information left by my forefathers. I have travel diaries from my grandparents and a small number of photos, but mostly their information is lost forever, or scattered, not shared, amongst my many cousins, uncles and aunts.

So the Legacy Locker service allows you to ensure that people left behind have access to all your accounts and can follow through on your wishes after you pass on. I don’t know how they find out that you have died, their must be a mechanism for that, but you have the ability to write an email that will be delivered to your beneficiaries after your death, so that they have access to all the information you want them to find.

It looks like they have all the systems you need including bank level security, to ensure that your data is safe. Check them out here.

They make a good point on their site that online assets have value. There may be areas of financial value, but there is also the intrinsic value of having access to photos that you may not have ever printed, music, diaries / blogs and traces of all your relationships, business, family and friends.

The pricing is also very reasonable, $30 a year, a flat fee of $300 and you can also have a free trial. I’m not so sure about the free trial other than being able to evaluate how it all works, but it is something I would probably do if I was going to sign up. Will I sign up, not at the moment, but maybe some time in the future, who knows?

2 thoughts on “Legacy Locker passes all your web accounts on to your beneficiary

  1. Hi David, many thanks for leaving a comment. I look forward to hearing how your business goes. As I wrote in my blog, its not something I had ever considered, but now you’ve got me thinking about what happens going forward.
    Given privacy laws, it would certainly be good to make sure that any sites, such as internet banking details are made easy for my wife or children to access.
    Glad you had a chance to check out the South Island, hope you got to see Franz Joseph Glacier (one of my favorite spots on the planet:)
    Come on down and do some more innovating and let me know of progress. I am a member of the NZ Wireless & Broadband Forum (Past President)and also the Auckland ICT cluster and passionate about supporting new ventures like yours.

  2. Hey Luigi, this is David Speiser from the Legacy Locker team. Great post! You’re dead on (no pun intended) regarding the free trial – it’s mostly intended to give someone the opportunity to see how the service works before they pay for it.

    Regarding the Telegraph story, I think it might be this one: http://www.telegraph.co.uk/scienceandtechnology/technology/5131134/Legacy-Locker-Logging-off-in-peace.html

    I’m guessing that perhaps it was reprinted in the NZ Herald through a re-distribution partnership.

    I love New Zealand btw, my wife and I spent a month tramping there for our honeymoon. We were on the South Island almost the entire time – I’m seriously considering emigrating. 🙂

    Let me know if you have any questions about LL – feel free to ping me at david.speiser@legacylocker.com


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