Create An Enduring Presence with LegacyShield

As an advisor your primary concern is the financial well-being of your clients AND the certainty that their families, businesses and/or charities are well cared for in the event of death. BUT, does this concern extend to WHERE and HOW this vital information is stored? In most cases NO – UNTIL NOW. AgencyONE, through our affiliation with LifeMark Partners, is thrilled to introduce a partnership with LegacyShield. LegacyShield is an online information and document storage system that enables advisors to help their clients manage their personal information. They can choose to keep it secure and private, or share it immediately or only at an event such as death or incapacity with selected predetermined beneficiaries.

 

MyLegacy, the basic version from LegacyShield, will be made available to ALL AgencyONE 100 advisors and their clients at NO COST. Furthermore, a limited number of the Advisor Subscription Plan, which will enable an advisor to invite up to 500 clients to participate in the MyLegacy offering, will be made available to a select group of AgencyONE 100 advisors, also at no cost, subject to production requirements.

 

• MyVault: This includes any type of file (insurance policies, powers of attorney, mortgage documents, estate planning documents, etc.). Your clients can upload their documents directly into the vault and designate where the original files are located.
• MyAccounts: This includes all of your clients’ online credentialed accounts (bank accounts, credit cards, insurance, social media, online storage, paid subscriptions, etc.).
• MyWishes: This is where your clients will designate their wishes for their ceremony (cremation vs. burial, where the services should be held, if the services are prepaid, who should attend, what items should be buried with them, etc.).
• MyLifeStories: This includes any additional information that your clients might want to pass on to designated people such as pictures, videos, recipes, life lessons, etc.

• Notifier: This is the person who will be responsible for notifying LegacyShield that the client has passed.
• Authenticator: This is the human 2-step authentication process built into LegacyShield. The authenticator will receive an email asking him/her to confirm that the client has in fact passed away.
• Recipients: Once the event has been authenticated, the individual recipients will start receiving the information designated specifically for them. Your client can assign an individual recipient for each piece of data he/she stores in the system. For example, a husband may receive all pertinent life and financial documents whereas a daughter may be responsible for disabling all social media accounts. Maybe a grandson receives a life lesson on planning a marriage proposal whereas a granddaughter receives one on having children.

• MyBasic Estate: This includes the opportunity for clients to conduct some basic online estate planning through the electronic fulfillment of a Last Will and Testament, Advanced Directive, FinancialMedical Power of Attorney and other documents through an attorney network.
• MyFinancial View: This includes Account Overview and Organization, Budgeting and Financial Goals and Determination of Net Worth.
• MyCalculators: This includes a variety of financial calculators such as Rate of Return, Life Insurance Needs, Life Expectancy, Retirement Savings and many others.