The Benefits of Asset Protection

Asset Protection

Asset protection is an important part of preparing for the future. You want to make sure that your family will be taken care of in case of your death or incapacitation. Here are a few benefits of asset protection.

Protect Your Loved Ones

What would happen to your family if something suddenly happened to you? It’s not something anyone likes to think about, but it’s important to plan ahead. With asset protection, you ensure that your loved ones have access to all the necessary documents and information they will need to live comfortably in the event of your death or incapacitation. Life insurance, in particular, is often left unclaimed simply because the departed’s family is unaware of the insurance or does not have the necessary information to file the claim. Asset protection ensures that your family is able to claim their insurance benefits after your death. With asset protection, you can set up access to your assets to automatically be released to your family.

Store Your Documents in One Place

One of the greatest things about asset protection is its ability to keep all your documents safe in one place. This includes your estate documents, assets, and medical records. Keeping your will and other estate documents in a safe and easy to access location will make things easier for your loved ones after your death. If your family doesn’t have these documents, the decision-making process will be difficult for them. Furthermore, asset protection ensures that things will be handled the way that you would have wanted.

Furthermore, asset protection can also include your personal medical records. In an emergency, you can automatically release your records to the appropriate parties. These medical records can also be extremely useful to your family members. It can even help them to avoid health issues of their own by recognizing patterns that they may not have known about. They will also be able to answer any questions that the doctors may have after your death.

Get Peace of Mind

Document related to estate planning, life insurance, medical records, and assets contain highly sensitive information. With asset protection, you can keep all of these highly important documents in one place with state of the art security. Legacy Armour uses techniques like zero-knowledge encryption and dynamic security site testing. You get to ensure that your information is completely protected until it’s time to release it to the appropriate parties.

There are many benefits of asset protection. Not only can it protect your family in case of an emergency, it can also make sure that all of your important documents are kept safe. Visit Legacy Armour today to learn more about asset protection and how you can protect your legacy.

Everything You Need to Know About Asset Protection

Asset protection

Hundreds of thousands of dollars are lost every year because individuals and businesses do not have asset protection. It’s no wonder that individuals, insurers, and corporations are clamoring for legal and safe ways to protect their finances. Here, we’ll offer a brief overview of everything you need to know to make a wise, legacy-building decision to protect your assets now and for the future generations.

What Is Asset Protection?

Simply put, asset protection refers to a strategy or set of plans to protect wealth and other assets. Asset protection strategies can help keep your wealth where it belongs whether it’s real estate, investments, insurance, business ownership, or goods. It can also protect your personal information like health records and wills.

Why Do I Need It?

Without the right protections, your hard-earned money, property, and belongings can be limitlessly attacked by creditors, especially in cases where unexpected circumstances inhibit your family, loved ones, and decision makers from accessing the appropriate information to manage your affairs. These circumstances – like death, illness, or other forms of incapacitation – often lead to creditors taking investments. In the case of life insurance, it is often the reality that your beneficiaries don’t know how to access it. Securing assets can be as simple as setting up automatic notifications and communication in specific scenarios where you become incapable of carrying out those tasks.

Keep It Simple

Remember that you don’t need an endlessly complex financial labyrinth to keep your wealth safe. Complexity often keeps your assets out of the hands of your loved ones and throws up red flags for creditors to go hard and dig deep. Instead, keep it simple. With Legacy Armour’s simple, unique approach, you’ll keep more of what you’ve built up for the right people.

Don’t Hide Anything

It’s a glamorous and romantic thought to outsmart the law, hide your wealth, and stick it to “the man.” But let’s be real. Talk to any attorney in the field, and they’ll tell you that almost everything comes out eventually. And when it does, you’ll end up keeping less than you would have by being open. Don’t hide. Just be smart and use a simple, robust system to leave a legacy for your family.

Robust Asset Protection

It’s important to remember that asset protection is part of a robust wealth management approach. Legacy Armour’s asset protection services will help get all of your information into the right hands and keep your hard-earned investments where they belong. Add this to your portfolio as a way of ensuring tomorrow today.

Why Encryption Makes a Difference

Encryption

The internet is almost infinite and is full of private information. This makes your information available to you quickly, but it can also make it easy for others to access. This is why it is important for your information to be kept safe through encryption.

What Is Encryption?

Encryption takes data and puts it into a code. This makes it so that anytime you send out information, only the authorized individual receiving it will be able to see it the way that you sent it. This allows only certain individuals to access the information. Even if someone else does find a way to access the information, they won’t be able to understand any of it.

Encryption You May Recognize

Many of us used a simple form of encryption during our childhood and didn’t even realize it. Did you ever pass notes to your friends in class with symbols that represented words? If you did, this is a form of encryption. Maybe you even created a secret code using numbers and the alphabet. Even as children, we were finding ways to keep our information safe.

Why Is Encryption Important?

It is always important to protect your personal information, even if you feel that it is already secure. If someone steals your information, it would be easy for them to steal your identity or do other damage. For example, if your data isn’t protected, someone could easily gain access to your address and bank information. And once they have this information, it doesn’t take long for them to do damage. Having money stolen and your accounts closed are only a few things that could happen. However, with data protection through encryption, you get an extra layer of security, preventing the wrong people from accessing your information.

Layers of Encryption

Something else that is great about encryption is that every website does it differently and some even use multiple layers of protection. This makes it more difficult for others to access your data. In addition, encryption codes can be changed frequently to prevent hackers from finding ways to crack the code.

Encryption is important in many ways. It helps to keep your information safe from hackers who would use this data to do damage such as steal your identity. This could cause a lot of unwanted trouble. You could end up losing money and even have your accounts closed. At Legacy Armour, we use customized encryption keys to protect your legacy. To learn more about encryption and how it can keep your information safe, visit Legacy Armour today.

How Safe Are Your Medical Records?

Medical Record Storage

With today’s medical and technological advancements, it is important to know if your medical record storage is safe. Most of your medical records are probably being replaced with EMR (Electronic Medical Records). By using EMR, medical professionals are able to save time, reduce costs, and improve quality of service. However, there are necessary precautions you must take to keep your medical records safe. Here are some things you should know about the safety of your medical records:

The Threat of Being Hacked

As unlikely as it may seem, hackers are just as interested in medical institutions as they are in banks and retailers. In fact, one out of four cyber attacks is on a healthcare organization. By hacking into your medical record storage, hackers are able to get access to Social Security Numbers, addresses, and medical histories, as well as other information that can be used to steal your identity.

Research has shown that cyber attacks cost hospitals billions of dollars each year. Additionally, one out of thirteen patients has their medical records attacked by a hacker. However, there are measures to keep your medical record storage safe. Encryption usually keeps out unauthorized individuals. Many institutes use additional firewalls as well to give your medical records an extra layer of security.

The Risk of Human Interference

You may be wondering why medical record hacks are so common if they have the protection of firewalls and encryption. The answer is simple: human interference. This is because anyone who is a part of the care of a patient has access to their medical record storage. Many people are a part of your patient care. Nurses, billing officers, clinic and office staff, and network administrators all have access to your medical records.

Patients can also be responsible for the leaking of their information. Under HIPPA, patients can access their medical records through a request of their file. However, issues arise when patients store these files on their personal devices. Any medical information stored on a personal device will not have the same amount of protection it would receive at a hospital or clinic. This can lead to information breaches.

Safe Medical Record Storage

Although it’s dangerous to store medical records on your personal computer or other device, you do have options for storing your records while keeping them accessible to the necessary parties. With LegacyArmour’s asset protection platform, you can safely store your records and make them accessible to your family, emergency services, and health providers in the event of your incapacitation. The platform uses state of the art zero knowledge encryption to protect your files and make sure they stay out of the wrong hands.

It is important to keep your medical record storage safe. If someone gains access to your medical information, they can easily commit insurance fraud or steal your identity. This is why it is important to keep your medical records safe and off of personal devices. To learn more about keeping your medical records safe, contact LegacyArmour.

Safely Store Your Estate Planning Documents

estate planning

Have you started your estate planning? Whether or not you’ve already started, you’ve probably wondered about your document safety. When starting the estate planning process, most people wonder whether or not their documents will stay safely away from those who shouldn’t have that information. How can you be sure? With Legacy Armour, it’s easy. In fact, you can have total peace of mind over your estate planning documents for the rest of your life.

We Provide Documents

The first step to safely securing your estate planning documents? Obtaining those documents in the first place. Legacy Armour can help you with that step. In fact, we make it easy. If you decide to open an account with Legacy Armour, we provide the necessary documents for you to inform your loved ones of your wishes.

You Choose Your Recipients

Next, you choose who should have access to your documents and when they should have that access. You’ll also designate the trigger that will release your documents. For instance, if you choose your death as the trigger, your estate planning documents will not leave your vault for any other reason as long as you live. When the trigger does take place, Legacy Armour will release your documents only to the people whom you choose.

Encryption and Authentication

How can you be sure that your information only goes to your recipients? Our encryption process makes sure of that. We have a multi-layer encryption protocol, and it starts as you upload your information, not after you upload it. Some other services only encrypt after the upload process, which leaves your documents vulnerable to security breaches. We, on the other hand, want to protect your estate planning documents at every step, not just the last several steps. You hold the encryption keys, and you set the passcodes and authentication protocol. If you want two-step authentication, Legacy Armour can support it. In fact, not even the team at Legacy Armour can access your information. Until the trigger takes place, only you have total access.

Estate Planning With Legacy Armour

Are you ready to begin your estate planning? Why not plan your estate as securely as possible with Legacy Armour? Our unbreakable security measures and our dedication to our clients have helped many people safely manage their estates. Our clients maintain peace of mind thanks to our safety measures. If you’re ready to get started, contact Legacy Armour to learn more.

The Perfect Fit: Legacy Armour and Life Insurance Packages

life insurance packages

Life insurance packages can give you and your family a layer of protection that can put your mind at ease. When you combine your life insurance with the security of Legacy Armour, you have everything that you need to secure your plans for your family’s future. With Legacy Armour, you can store your life insurance information in encrypted digital vaults. A plan with Legacy Armour fits perfectly into any life insurance packages. Read on to find out why.

You Choose the Trigger

Life insurance benefits are not automatic. Your family will have to claim their benefits. We mentioned recently that a lot of life insurance benefits go unclaimed because people don’t realize that they’re entitled to those benefits. When someone experiences a loss, he or she is likely not thinking of practicalities like life insurance packages. However, when you store your life insurance documents with Legacy Armour, you choose your beneficiaries and the trigger that prompts your information delivery. Your loved ones can get your life insurance information automatically upon your death or incapacitation. This way, they’ll know exactly what to do without having to search for information or instructions.

Encrypt Your Information

In addition to automatic information storage, you get automatic security when you store life insurance packages with Legacy Armour. We encrypt your files before we upload them, not afterward. Some services don’t encrypt documents until after you upload them, leaving your information vulnerable to hacking and other dangers during the upload process. Legacy Armour will protect your information for your family throughout every step of the way.

Store All Related Documents

When you store information from life insurance packages with Legacy Armour, you also get to store related documents as well. When you use our encrypted vaults, your plan includes estate planning documents for you to fill out and sign. Each plan also comes with personalized messages for each of your recipients. You can remind your family how much you love them while providing simple instructions that will make their lives easier.

Life Insurance Packages and Legacy Armour

Are you ready to protect your family by adding Legacy Armour to your life insurance packages? Then we’re here to help you through every step. With Legacy Armour, you can safely store all documents related to your estate, your finances, your medical information, and more. Secure your future with Legacy Armour today. Start here to begin your free trial.

Leaving Your Family Unprotected – Unclaimed Life Insurance

Unclaimed insurance benefits

When you bought your life insurance policy, you wanted to protect your family. Your life insurance benefits could help your family pay for expensive funeral costs and keep themselves from other financial difficulties. But what if your family didn’t have access to those life insurance benefits? Sadly, unclaimed insurance benefits leave many families without the protection that they need after a loved one passes away.

Unclaimed Insurance Benefits

Unclaimed insurance benefits create a surprisingly common problem in the United States. In fact, billions of dollars have gone unclaimed. Life insurance payments don’t happen automatically. Beneficiaries have to make a claim before they can receive their benefits. As a result, many families pay for funeral expenses out of pocket when they could have otherwise used the money from a life insurance policy. If you happen to provide your family’s primary source of income, the cost of rebuilding their lives without those insurance benefits could cause years of financial strain and even bankruptcy.

Does Your Family Know?

Have you discussed your life insurance policy with your family members? If something happened to you, would someone in your family know how to find your policy? People tend to forget about their life insurance policies once they’ve purchased a plan. Unclaimed insurance benefits stay unclaimed because people don’t realize that they can collect money. When people don’t have easy access to insurance policies, they won’t be able to use those benefits. Furthermore, when a family has to deal with the grief that comes from losing a family member, practicalities such as life insurance get ignored. If you’ve never mentioned to your family that you have a life insurance policy, the thought likely won’t even cross their minds in the future. Even if you’ve mentioned it once or twice, they still may not recall where to find the information.

Legacy Armour Can Help

At Legacy Armour, we can help you make sure that your family claims their insurance benefits. Legacy Armour is a secure, encrypted system that allows you to store important information, including life insurance information, in digital vaults. In the event of your death or incapacitation, Legacy Armour can automatically deliver your information to your beneficiaries. You won’t have to worry about unclaimed insurance benefits because your family won’t have to search for your policy. They’ll have the information right at their fingertips as soon as they need it. Do you want to protect your family today? Start your free trial now.

In Case of Emergency, Could Your Loved Ones Find Your Documents?

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One of the best gifts that you can give your family is an easy transition after your death or incapacitation. Nobody enjoys thinking about emergency planning, but before you move on to a more pleasant topic, take just a minute to imagine what your family might go through in the case of your death. Grief is difficult enough on its own. Grief combined with uncertainty can cause added pain and unnecessary anxiety. You can prevent this uncertainty. Have you taken some time for emergency planning?

Your Estate

Does your family know how to find your estate documents? Your estate may be the most important part of your emergency planning. These documents, especially your will and other designations, give your family a road map of sorts. Without these documents, they’ll have to make guesses. If you’ve taken the time to gather your estate documents, you know how much effort goes into each decision. Imagine having to make these decisions for somebody else without knowing what that person would have wanted.

Your Assets

Your emergency planning strategy should also include your assets. What should your family do with your assets when you’re no longer with them? Can they use some assets as a source of regular income? Do you have assets that they don’t know about yet, and if so, how will they learn about those assets? Your assets should go to the right people when you die, but that won’t happen if the right people don’t know how to find your documents.

Your Medical Records

Medical records can give a lot of helpful information to your family members. For instance, your children might notice patterns that will help them monitor their own health. Your family will have the information that they need when answering questions from doctors. Your medical records may also provide vital information for insurance purposes.

Emergency Planning

Don’t leave your family struggling to find the documents that they need. Instead, you can keep this information safe while storing all of it in the same place. How? With Legacy Armour’s security. We can help you plan for your future by organizing all of your important information. We store your digital documents in encrypted vaults, keeping them safe from hackers and loss. From there, you can designate your recipients. If anything happens to you, we will automatically deliver your documents straight to your family members or whomever you designate.

Have any questions? We’d be happy to help. Contact Legacy Armour at 1 (844)-UR-LEGACY. Protect your legacy and your family today.

What Are Digital Assets?

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Digital assets are digital property that we own or have the right to use. These intangible assets are not always easy to recognize. Things like purchased MP3 files or digital video recording are easy to determine as digital assets. However, the term also includes virtual information like your usernames, passwords, and credit card numbers. These types of digital assets are especially valuable because they are related to your financial records and personal information. That’s why different types of digital assets benefit from the protection offered by a life monitoring platform.

Types of Digital Assets

There are several different types of digital assets that require the protection of a life monitoring platform. Purchased items typically have a predetermined value and are readily available. This includes things like music files, movie files, and computer programs. These assets are not unique and can easily be purchased on the open market. Therefore, these assets are unattractive to potential hackers.

However, personal assets including home movies and pictures are more valuable. These files are unique to their owners. Therefore, they have more sentimental value than they do monetary value. Additionally, owners of these properties are more likely to want them protected because they can not easily be replaced. This makes these digital assets liable to ransomware.

The final major type of digital assets is sensitive information. This includes information like your personal information, your financial accounts access information, your estate documents, and other unique information. If these kinds of digital assets fall into the wrong hands, it could lead to identity theft or monetary loss. Consequently, these assets require the most protection.

Life Monitoring Platform

A life monitoring platform is a secure location for your digital assets. You can use a life monitoring platform to store and manage your digital property and information. Life monitoring software encrypts data keeping it safe against hackers. The encrypted vaults protect your privacy online and consequently prevent against data theft. This makes a life monitoring platform an excellent location to store medical, financial, and other sensitive information. Additionally, you can arrange to have information released to certain people in the event of your death or incapacitation.

Digital assets are often overlooked because they are not physical property. However, in today’s digital world, many of our most valuable assets require protection from hackers and other online risks. Any information on unprotected computers, tablets, and phones is at risk. A life monitoring platform encrypts and protects sensitive information. This includes digital assets like your financial accounts access, your estate documents, your business documents, and your personal information. If you are looking for a way to protect your digital legacy, contact Legacy Armour today.

Benefits of Corporate Asset Protection

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One of the best ways to protect yourself, your family, and your business is to plan ahead. You may have already taken steps to protect your family in case of your death or incapacity. Have you protected your corporate assets yet? Asset protection doesn’t only apply to the future. You can use corporate asset protection to keep your business safe right now.

Avoid Malware

Did you know that 75% of corporate assets are digital? Digital assets, by nature, are vulnerable to malware that can harm your files if you don’t protect them. Without the right protection, your corporate assets can become targets for information distribution and destruction. Asset protection, however, helps by encrypting your information and defending it from vulnerabilities. You can keep your information safe from hackers, rogue software, and anything else that may try to harm your assets now or in the future.

Designate Your Recipients

Who will take charge of your corporate assets if something happens to you? Have you put a plan in place? Does this person know how to implement the plan? Do you know of anyone who might try to take charge against your wishes? When you use a corporate asset protection service, you won’t have to worry about any of these questions. A protection service gives you the ability to choose one or more recipients for your information. If your assets get released, only your designated recipients will have access to them.

Get It Off Your Mind

Once you set up your service, you can stop thinking about it. Check in on your assets whenever you want to check in, or focus on other things. Asset protection can become a nagging task. You promise yourself that you’ll get to it later, but when “later” doesn’t come, you get more and more stressed about it. Corporate protection gives you the knowledge that you’ve taken care of your assets. You’ll get the peace of mind that you deserve.

The Best in Asset Protection

Are you ready for some peace of mind? Let Legacy Armour help you get the asset protection you need. We offer the best in layered security, and we take every necessary step to keep your data safe. From succession planning to medical records, we provide protection and encryption for all of your most pressing needs. If you’re ready to secure your legacy, start your free trial today. Let us show you the difference that protection can make.