of Americans do not have a will or estate plans. For those making under $40K a year, that percentage increases to 80%.
According to a survey from Findlaw.com, nearly 60% of Americans do not have a will. For those making under $40K a year, that percentage increases to 80%. In the Caring.com annual estate planning survey, a common theme was that middle-class Americans either do not know how to start with estate planning or don’t feel they have any assets to protect.
This could not be farther from the truth. It is middle-class Americans that would be impacted the most by the stress and expense of post-life cyber crime, financial theft and probate/legal fees.
"I learned about the stark disparity between more affluent Americans, the middle class and lower income groups. Families living paycheck-to-paycheck could be crippled by the stress and expense that comes from not having an estate plan. Every person deserves to have the ability to protect their family and loved ones.-Christopher W. Huziak, CEO & Founder, Final Security
Families are in danger, and Final Security's Protect All Families Initiative is going to help."
Are you part of the 60% that does not have an estate and/or digital estate plan?
Not taking the time to plan your traditional and digital estate could burden loved ones with unnecessary stress and expenses during one of the hardest times in their lives.
Without an estate plan and cleaning your digital footprint, take a look at the probable outcomes that can happen to your family and loved ones:
Conservatively, between probate and legal fees, financial and identity theft, the average family could lose near $30,000 by not having an estate and digital estate plan in place. What could your loved ones do with an extra $30,000?
It is important to note that the Protect All Families Initiative is not a replacement for a full-service estate plan offered from an attorney. Final Security's free-tier services can be used to provide basic estate coverage, for Free.
According to AARP, it can take six months for financial institutions, credit-reporting bureaus and the Social Security Administration to receive, share or register death records. When you consider that timeframe and that cybercrime is now more profitable than the global illegal drug trade, your digital estate is the perfect target for criminals. We need to protect and organize our digital lives in preparation of our digital death.
Your privacy, safety and security is our top priority and at the core of everything we do. Your data is encrypted and protected at every level. From typing on your computer, through the Internet and into our application and servers.
Learn more about how we secure your data.