Legacy Tracker is a personal financial & estate organizing software that helps individuals & families simplify busy lives & become more empowered with their own information by bringing it all together in a simple to use, central, accessible & secure location.
Real Value for Real Life
LegacyTracker provides meaningful value to an entire family in the form of enhanced peace of mind, a reduction of financial risk, enhanced emergency preparedness & ultimately, a greater chance of success in reaching financial goals
The `Sandwich`Generation has arrived for some of us of a `certain age and it can be a triple decker `sandwich made up of Children, GrandChildren & Aging Parents
Real Life is most often made up of Multiple Priorities mixed with Multiple Financial Providers.
85% of consumers want one place to manage all of their finances as they feel out of control with their information. One central & accessible location to bring all of the important details & accounts together can simplify matters. LegacyTracker enables comprehensive documenting of all of your important information as well as important information related to other family members. The ability to scan and attach important documents is built in to ensure those documents are easily accessible when needed. Flexible printing/sharing options also enables users to share information with a spouse, family member or advisor.
How else can we express it?
Stop Procrastinating
Too often individuals & families are delaying discussions around estate planning & final wishes or forgetting to share that information with their loved ones. Estate planning is not only for those that are wealthy. Giving proper & adequate consideration to estate planning can often mean sparing your family from additional grief, delay or expense. Our comprehensive templates are built for info gathering with built in reminders & alerts for missing or outdated info or documents.
Enhance Emergency Preparedness
Everyone reads about emergency situations or sees them happening live on TV or online far too frequently. In fact, all various forms of emergency situations (and disasters) have been on the rise in recent years. And yet, for most, their level of emergency preparedness is minimal. Recovering from all types of emergency situations requires that information is readily available and accessible and accurate. Detailing your information alongside copies of scanned documents inside LegacyTracker means worry can be reduced as your information will be readily accessible from anywhere you have a remote connection.
Reduce the risk of Unclaimed Funds
Too many hard earned funds are being left unclaimed like the 20-30% of insurance policies that some experts in the industry suggest. The Bank of Canada unclaimed bank balance has increased by 55% in the past 5 years to $500M. The same increase has occurred in the balance of unclaimed, matured Canada Savings Bonds balance which now stands at $279M. Unclaimed Funds in Canada are estimated at $4B That`s WAY too much lost money for a population of 34M.The problem of unclaimed funds is global ($58B in the US). & growing at an alarming rate. LegacyTracker reduces the financial risk of unclaimed funds by providing a central & accessible location for important information relating to accounts including digital assets/passwords.Friendly reminders prompt users to update or provide missing information.
Empower Yourself with Your information
Surveys confirm that consumers are not reviewing their finances regularly & most delay working with a professional. Many consumers lack clarity around what they have and what they need and whether or not they are actually making progress towards their financial goals. LegacyTracker empowers users with their own information and provides a Net Worth Calculator in order to determine if they are making progress towards their financial goals. We believe that Better organization can lead to better collaboration and better engagement with Advisors & ultimately lead to a better chance of success in reaching financial goals.
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