On Bauer Business Focus — A conversation on getting your assets in order with Andrew Schneider, business reporter for KUHF 88.7 FM.
When families lose a loved one, the emotional toll can often overshadow the more practical need to settle that person’s estate, making it difficult to track down important documents, including burial plans, bank account information, life insurance and wills.
David Harris is CEO and founder of Assets in Order, an online planning and storage service that organizes all those types of documents and digital assets in one central location. He visited Bauer Business Focus recently to discuss how the company aggregates all of this information through a product called the Legacy Lockbox.
“The Legacy Lockbox is a very simple to understand, easy-to-use product,” Harris said. “It is an online storage product which allows you to store your important documents, such as life insurance or burial plan, so if something unfortunate was to happen, that information is provided to the individual designated to receive it.”
Beyond his role as business owner, Harris said he personally can see the value in the product.
“I have done the planning, but I did not have a vehicle to insure that that information would get into my family’s hands,” Harris added. “I had it in physical forms in a box at home, and of course, that is not good. It’s good to have those documents in a place so if you need it at any time, you have the ability to access it.”
Click here to hear the full interview.