Clients are in safe hands with Royds Withy King's new legacy management portal
PUBLISHED: 14:12 20 November 2018 | UPDATED: 14:13 20 November 2018
"Life Safe provides a simple yet secure way for clients and their families to keep safe their most important documents and develop a record of their valuable and treasured assets."
Law firm Royds Withy King has launched Life Safe® – an exclusive legacy management portal which will allow people to keep a secure record of all their important documents, digital assets and treasured possessions in one place.
Life Safe is an ultra secure, online vault created by the Oxford firm’s Private Wealth team that provides a double encrypted location where clients with complex legal needs can store and keep track of their affairs.
These might include their will, Lasting Power of Attorney, pre-nuptial agreement, property or trust deeds, contracts and other legal documents as well as passports, insurance policies, share certificates and vital information on property or investment portfolios. Increasingly, Life Safe is likely to be used to store digital assets, such as passwords to social media, bank and cryptocurrency accounts, and records of physical assets, including photographs of artwork, antiques, jewellery, cars and collectables, sporting memorabilia and sentimental items.
Francois Louw, Bath Rugby flanker and South African international, said: “During my career, I’ve accumulated caps and other rugby collectables which have financial and sentimental value. Life Safe is a genius way of keeping records of everything securely in one place. I think it’s a great idea.”
He added: “As a professional rugby player, I spend a lot of time in training and out on the road, in the UK and internationally, and it can be difficult to keep on top of my paperwork – even the important stuff. I’m concerned about how to safeguard the sporting memorabilia I’m collecting, not to mention important documents and passwords, for the future.”
Will MacFarlane, who heads up the firm’s Private Wealth team, said: “Life Safe provides a simple yet secure way for clients and their families to keep safe their most important documents and develop a record of their valuable and treasured assets. Should the unimaginable happen, such as a sudden bereavement, a fire or a burglary, Life Safe provides clients with peace of mind knowing that their affairs are in order and that they, or their loved ones, will be able to access the information they need.”
Graham Street, managing partner at Royds Withy King, said: “We are always looking for new ways to help our clients to deal with the challenges and opportunities that lie ahead.”