Unlocking online assets in event of death

Life Hacks Published on 14 April 2009 in Life Hacks

Ever since the internet became an integral part of daily life, we’ve become accustomed to securing a wide range of online identities with usernames and passwords. But what happens when someone passes away, leaving their family and business associates unable to access their email, online photos, financial accounts and other online assets? It’s a problem that San Francisco-based startup Legacy Locker aims to solve.

Legacy Locker lets people store details for every online account they use, from Gmail and Facebook to eBay and PayPal. They can assign different digital assets to different beneficiaries, who are entrusted with access details in the event of the customer’s death or disability. Users can also prepare letters for the loved ones to whom they’ve entrusted their accounts. Legacy Locker, which launched last week, uses a multi-step verification process to ensure that the digital assets are as secure as a real safety deposit box. (Related: A virtual vault for information-age valuables.)

Website: www.legacylocker.com
Contact: www.legacylocker.com/support/contact

Spotted by: May Almero-Cruz

Comments on this idea:

Be sure to check out the forthcoming VitalLock system. http://VitalLock.com

This is truly a great idea - the number of passwords and user names needed to function is astounding.
Whilst the motivation of death is a dark subject this is a useful and convenient service for all.

Another amazing company currently exists offering a similar service, TheEsafe.com. It is a Personal Online Safe allowing indiviuals/families to store all the important and vital documents, files, photos etc. of their personal and professional life. One central location for all your personal and financial information stored a secure website, accessable 24/7. Check out theesafe.com

About Springwise

Springwise and its network of 8,000 spotters scan the globe for smart new business ideas, delivering instant inspiration to entrepreneurial minds.
Time to start the next big thing!

Free newsletter

Don't miss a single
new business idea:
sign up for our
weekly newsletter.

Next issue due
10 February 2010.

You can also subscribe to our RSS feed.

Or follow us on