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DGLegacy wants to help you ensure your loved ones inherit your assets
- DGLegacy, a digital legacy planning and inheritance app, catalogs assets and ensures beneficiaries always have access to it. It aims to minimize the chance of an unclaimed asset compared to traditional methods.
- The app features multi-layer encryption for secure storage of information.
- It detects a fatal event via various measures, including biometric logins and public social media posts. After an event is confirmed, DGLegacy supports beneficiaries through the process of identifying, locating, and claiming assets.
- DGLegacy is designed for middle-class people and families, enabling them to protect their assets in a crisis. The app operates on a freemium model, with two paid options and unlimited assets and beneficiaries for $6.99 per month.
- The company launched in January 2021 and is looking to raise its first VC round soon. DGLegacy is available on iOS and Android.
- The founders believe that their app can help everyone protect their assets and ensure their loved ones can access them after they die.
- Ana, one of the founders, came up with the idea for DGLegacy 15 years before the startup’s official founding in January 2021. She was nervous before traveling as she was concerned about what would happen to her children if something terrible were to occur. She wanted to create a contingency plan to ensure her children had access to their funds.
- There are tens of billions of dollars of unclaimed cash and benefits in the US alone in the form of abandoned bank accounts, stock holdings, unclaimed life insurance, and more.
- DGLegacy hopes to provide a solution for everyday people where conventional asset protection methods such as wills and trusts become outdated after their creation.
- The startup’s freemium model offers basic options for free users who want to protect up to three assets, while platinum members pay $8.99 a month or a one-time fee of $299 for additional protection such as cyber breach monitoring.
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