Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

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Wednesday, June 6, 2012

Technology Allows People to Secure Their Important Financial Documents

Cloud ComputingA person might want to use new available technologies to secure his or her important financial documents. If person decides that he or she wants to secure his or her financial documents that person might want to take the following steps:

  • A person might want to take an inventory of every important document that the person owns. 
  • Next, a person might to want to makes copies of his or her documents. However, it is probably a better idea to have all of a person's document scanned directly into a computer. 
  • Finally, a person might want to consider storing these scanned copies on the internet in a cloud database. The cloud is a online storage system, which stores a person's files on a remote server in a different location. There are several options that a person can consider when deciding on what type of cloud they want. Some, like VaultWorthy, are more expensive, but it can provide additional protections that free services often do not own.

See Ellen E. Schultz, Conquering Retirement: Protecting Vital Documents, Wall Street Journal, June 1, 2012.

Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.

http://lawprofessors.typepad.com/trusts_estates_prof/2012/06/technology-allows-people-to-secure-their-important-financial-documents.html

Estate Planning - Generally, Technology, Web/Tech | Permalink

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