190 A new Internet service at iGoodbye.com provides a solution for an age old problem: how to leave critical financial and personal information to heirs without having to give it to them before you are actually gone.

Estate planning usually involves creating wills and trusts in order to spell out clearly who gets what once you depart this earth. There may be tax considerations and instructions on when minors can take control and that sort of thing. One issue that is not usually addressed is the question of private information. For many people, there are some things that they just don't want to share with the world. It could be private information about assets, like account passwords and such, secrets about a child's true parentage, private information about the running of a family business. In short, information that is nobody's business, not even a trusted attorney.

For many people, the conundrum is that they want to pass this information to their loved ones should anything happen to them, but not necessarily before that. A new Internet service called iGoodbye.com tries to solve this problem by holding users documents for them, and delivering the documents to their heirs should they unexpectedly meet their demise.

How does it work? Simply create an account on iGoodbye.com, specify the recipients (heirs), and then upload encrypted versions of the documents intended for each recipient. Encrypted means that it’s impossible to read the document without entering a secret password. Then, simply call the heirs, tell them the password, and tell them that there is information for them on iGoodbye.com and that they should contact the company should anything happen to you. iGoodbye.com will require a copy of a death certificate before handing over the documents.

So, in a nutshell, iGoodbye.com has the documents, but no password, and your heirs have the password, but no documents until the user has passed away. A simple and helpful tool for anyone walking around with private financial information in their heads and is concerned that they might meet with a fatal accident or untimely death. The service runs a mere $29.99/year, but can also be used free if the user wishes to pass the costs onto their heirs.

For more information, visit:
http://igoodbye.com

Login   or   Register    

Name:

Email:

Location:

URL:

Smileys

Remember my personal information

Notify me of follow-up comments?

Submit the word you see below: