Estate Planning in the Cloud

A variety of digital document archival sites have been gaining popularity online lately.  They offer to help you estate clouddigitally store all your important legal and estate planning documents right alongside generations of family photos and secret family recipes, all right there in the cloud.  I don’t know about you, but I’m still a little hesitant to rely solely on cloud storage, especially for important documents like my living trust and health care directives.  What if the site hosting the cloud goes out of business?  What if their site is hacked and all my personal information is compromised?  What if their technology fails?  Then what??

The concept behind the services are enticing.  Losing a loved one is difficult enough without the hassle of trying to find and gather all the necessary legal documents to arrange funeral plans and begin settling one’s estate.  Being able to access everything instantly in the cloud would be of great benefit, but not necessarily the best solution.  Often a copy of an important legal document such as a will is not as widely accepted in court as the original.

Cloud storage services are getting people to think and talk about end of life and estate planning; which is great, but buyer beware.  You’ll still want to protect all your original documents is a safe  place and let your loved ones know where to find them.


About Oakstone Law, PL

Oakstone Law PL was founded by Bob Kleinknecht. A member of the Florida Family Trust Company Subcommittee, the Estate Tax & Trust Planning (ETTP) Committee and the Real Property, Probate & Trust Law (RPPTL) Section of the Florida Bar, Kleinknecht has 15 years’ experience.

Prior to founding Oakstone law, he spent more than eight years serving as a personal, in-house estate, tax and charitable planning attorney for a Forbes 400 family in New York and Florida. Before that he was an estate planning and estate settlement attorney with prominent firms in Boston and Washington, D.C. after beginning his career with a boutique firm in Naples, Florida.

Licensed in Florida and Massachusetts, Kleinknecht has developed a practice model that eliminates billing by the hour and offers a streamlined, customized client process supported by technology, security and a personal approach.

For more information on Oakstone Law, click here. To get in touch with us, click here to send us an email, or call 239-206-3454.

 

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Oakstone Law
1415 Panther Lane, Suite 439
Naples, Florida 34109
Tel: 239.206.3454