“We can make a huge difference—and the problem is vast,” stated Mark Nicholas, CEO of Family Archival Solutions, Inc.
Los Angeles, CA (PRWEB) February 26, 2014
Do you know where your will is? Does your family? The National Will Registry, a service offered by Family Archival Solutions, Inc., is a new service that stores the location of important end-of-life documents such as wills, trusts, living wills and powers of attorney. It also allows attorney names, safe deposit box locations and other important information to be listed in a consumer-friendly Web app equipped with military-grade security.
Designed to prevent the frequent problem of missing estate documents when a family member passes away, subscribers to http://www.nationalwillregistry.com appoint several friends, family members or legal advisors that are authorized to contact the service as a routine part of the estate administration process, particularly if the family is unable to locate these important records. The new offering is part of a suite of estate protection products from Los Angeles startup Family Archival Solutions, Inc., whose founder and CEO served as a financial services attorney and estate professional for over two decades.
Inspired by the staggering statistics of death-time document chaos (over 60% of U.S. adults will die without a basic estate plan; nearly $2 billion in life insurance is unclaimed annually; $4.9 billion in other unclaimed assets are turned over to the government annually with only $1.7 billion reclaimed; and countless wills are lost, damaged or left unclaimed), Family Archival Solutions has designed a consumer-friendly suite of solutions for estate and life planning.
According to Mark Nicholas, CEO of Family Archival Solutions, “Most wills held by lawyers, CPAs and financial professionals are never claimed and a high percentage of families struggle to find bank accounts, brokerage accounts pension plans, computer login credentials, safe deposit boxes and other essential documents that point to family assets.”
“Many Americans approaching their final years began saving and investing long before the digital era and the location of substantial assets is a preserved in papers, passbooks and statements that are frequently damaged, lost or destroyed. We have developed a program to solve this problem, honor an individual's wishes, and direct the family, court and other professionals to any location maintaining the information.”
The National Will Registry utilizes a claims process that mirrors that of financial institutions to ensure that every client’s personal information remains private and completely secure. Enrollment at http://www.nationalwillregistry.com is free of charge and subscribers can upgrade to several sophisticated levels of protection at http://www.familyarchivalsolutions.com.
The company has prepared an enlightening website with estate planning basics entitled “The Family University” at http://www.familyarchivalsolutions.com/the-family-university/.
About Family Archival Solutions
Family Archival Solutions, Inc. provides comprehensive and secure end-of-life planning and document management through http://www.nationalwillregistry.com and http://www.familyarchivalservices.com. Founded by an attorney with more than two decades of experience, the company helps protect families from additional stress, confusion, lost assets, conflict and unnecessary expense upon the passing of a loved one by organizing a complete inventory of documents, online account information, asset/income inventory, providing physical document storage, and delivering special wishes such as emails and videos to loved ones. For more information contact m.nicholas@familyarchivalsolutions or call (800) 732-2139.
Copyright 2014 Family Archival Solutions, Inc.