How to create a Legacy Box (your family will thank you)

This is a bit of a touchy subject, but it’s important to talk about. If you have a family, have you considered what your loved ones would need if anything ever happened to you?

Most of us think in terms of creating a will and testament — that is a great start to identifying your final wishes. However, a simple will can fall short regarding the documentation that your family will need. They will need things like passwords, power of attorney, car titles and lots more.

That’s why creating a legacy box is so important. So what is a legacy box?

A legacy box is a set of digital folders, filed nicely and securely stored for future generations of loved ones to enjoy.

What to include in a Legacy Box

When creating a legacy box, think of organizing all of the artifacts that your family will need to carry out your wishes and to let future family members know more about you. Consider organizing it into these categories:

  • Legal Documents
  • Financial Documents
  • Personal Documents

Legal Documents to include in your Legacy Box

  • Will and Testament
  • Power of Attorney Form

Financial Documents to include in your Legacy Box

  • Financial Account Logins (Banking and Investment Accounts)
  • Insurance Policies (Auto, House, Life, etc.)
  • Tax Returns

Personal Documents to include in your Legacy Box

  • Funeral Instructions
  • Letters to Loved Ones
  • Birth Certificates, Social Security Cards, Marriage Certificates and Passports
  • Car Titles
  • Family Photos
  • Family Videos
  • Blogs or Journals You’ve Written

Where to Store Your Legacy Box

Your legacy box should be stored online in a secure location that’s easily accessible for your family. You may be tempted to store this in a non-secure location like Dropbox or a family computer, but because your legacy box will contain social security and financial information, you should safeguard it in a place that is safe, secure and encrypted.

One option is to use a secure storage provider like The TriggerBox. You create your legacy box by uploading it to The TriggerBox. It then encrypts and secures it with a digital key and allows access only to your family or others that you designate.

How to Notify Loved Ones

Your Will and Testament can specify where your legacy box resides and how to access it. Another option is to use a Legacy Trigger. The way a legacy trigger works is that once you store your legacy box in The Trigger Box, you can ask it to send you an email every so often to verify that you’re still around. That may be monthly, yearly or some other interval. If you don’t respond to the triggered email, it will then release your legacy box to the people you setup to receive it.

Conclusion

Don’t leave your family with a sense of not knowing your final wishes, create a legacy box with everything they need to carry out your wishes. What will you put in your legacy box?

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