Welcome!

News Feed Item

Planned Departure Now Allows Users to Will Their Digital Assets to Charities

LONDON, February 13, 2014 /PRNewswire/ --

Bequeathing social media profiles offers a new way to stimulate charitable donations


Planned Departure Limited, an award-winning London startup that offers secure digital estate planning, now provides users the option to pass on their social media assets to any organisation that they specify.

The question of what to do with digital assets has recently developed into a serious concern, as loved ones try to deal with scattered and inaccessible online identities of family members who have passed away. The U.S. government recently noted on its official website that people need to make plans for their digital legacies and "Write a Social Media Will." Planned Departure Ltd. of London is the first company to step in and offer this service, through their new digital vault program, which allows people to control exactly what will happen to their digital assets and identities after they pass away. Furthermore, Planned Departure provides the option of naming different recipients for specific accounts and profiles, so that personal information is distributed according to the wishes of the person who passed away.

"Digital Assets are becoming increasingly powerful," states Planned Departure's co-founder and CEO, Komal Joshi. "They have real financial value associated with them. While items such as e-wallets, BitCoins and popular domain names may have direct financial worth, a Twitter account with a lot of followers or a popular Facebook account is actually a valuable marketing platform. Planned Departure makes it possible to donate these valuable accounts to designated charities now."

The new service will enable members to designate a charity as the recipient of any type of digital inheritance, including social media assets. These assets often consist of hundreds of personal contacts that the individual invested many hours establishing and nurturing. Leaving digital assets to charities that they believe in gives users the reassurance that all their invested time will have a real value in the future, after they have passed away. As Planned Departure co-founder and CTO Anand Ramdeo points out,"Your friends and loved ones will be moved to donate to a cause you care about, as a means of honouring your memory."

As people store more and more of their crucial personal information online, the need for secure distribution of these multiple access nodes after death has become critical. Time Magazine reports that the identities of 2.5 million deceased people in the United States are stolen every year, creating legal headaches for their heirs.

Furthermore, there are heartbreaking stories published frequently about family members who have been blocked from seeing or retrieving important photos, videos or last words of deceased loved ones. Social media platforms routinely lock down the account of someone who has died, unless that person has left specific written instructions and account access information in a retrievable format. Since traditional wills are not kept up to date on current log-in information, a securely maintained digital vault such as Planned Departure fills an urgent need.

About Planned Departure
Planned Departure has received considerable attention since it was formed by Anand Ramdeo, a technologist who has worked for IBM Rational, Amazon etc. and Komal Joshi a London Business School EMBA student. Chosen by the Deloitte Institute of Innovation and Entrepreneurship to receive its 2013 Founders Award, Planned Departure was also selected for the London Business School Incubator program. The company offers bank level security with AES 256-bit encryption and Norton-certified SSL protection for all information retained in its electronic vault. Trusted verifiers chosen by the account owner are contacted in person to verify death before any assets are distributed, and Planned Departure can also work in conjunction with attorneys, elder-care services and estate executors.

Website: https://www.planneddeparture.com

SOURCE Planned Departure Limited

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
DXWorldEXPO LLC announced today that ICC-USA, a computer systems integrator and server manufacturing company focused on developing products and product appliances, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City. ICC is a computer systems integrator and server manufacturing company focused on developing products and product appliances to meet a wide range of ...
Sanjeev Sharma Joins November 11-13, 2018 @DevOpsSummit at @CloudEXPO New York Faculty. Sanjeev Sharma is an internationally known DevOps and Cloud Transformation thought leader, technology executive, and author. Sanjeev's industry experience includes tenures as CTO, Technical Sales leader, and Cloud Architect leader. As an IBM Distinguished Engineer, Sanjeev is recognized at the highest levels of IBM's core of technical leaders.
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, discussed how from store operations and ...
We are seeing a major migration of enterprises applications to the cloud. As cloud and business use of real time applications accelerate, legacy networks are no longer able to architecturally support cloud adoption and deliver the performance and security required by highly distributed enterprises. These outdated solutions have become more costly and complicated to implement, install, manage, and maintain.SD-WAN offers unlimited capabilities for accessing the benefits of the cloud and Internet. ...
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Eric Robertson, General Manager at CollabNet, will discuss how customers are able to achieve a level of transparency that e...
As Cybric's Chief Technology Officer, Mike D. Kail is responsible for the strategic vision and technical direction of the platform. Prior to founding Cybric, Mike was Yahoo's CIO and SVP of Infrastructure, where he led the IT and Data Center functions for the company. He has more than 24 years of IT Operations experience with a focus on highly-scalable architectures.
Headquartered in Plainsboro, NJ, Synametrics Technologies has provided IT professionals and computer systems developers since 1997. Based on the success of their initial product offerings (WinSQL and DeltaCopy), the company continues to create and hone innovative products that help its customers get more from their computer applications, databases and infrastructure. To date, over one million users around the world have chosen Synametrics solutions to help power their accelerated business or per...
Founded in 2000, Chetu Inc. is a global provider of customized software development solutions and IT staff augmentation services for software technology providers. By providing clients with unparalleled niche technology expertise and industry experience, Chetu has become the premiere long-term, back-end software development partner for start-ups, SMBs, and Fortune 500 companies. Chetu is headquartered in Plantation, Florida, with thirteen offices throughout the U.S. and abroad.
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and ...
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smart...
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science," is responsible for setting the strategy and defining the Big Data service offerings and capabilities for EMC Global Services Big Data Practice. As the CTO for the Big Data Practice, he is responsible for working with organizations to help them identify where and how to start their big data journeys. He's written several white papers, is an avid blogge...
DXWorldEXPO LLC announced today that Dez Blanchfield joined the faculty of CloudEXPO's "10-Year Anniversary Event" which will take place on November 11-13, 2018 in New York City. Dez is a strategic leader in business and digital transformation with 25 years of experience in the IT and telecommunications industries developing strategies and implementing business initiatives. He has a breadth of expertise spanning technologies such as cloud computing, big data and analytics, cognitive computing, m...
"DivvyCloud as a company set out to help customers automate solutions to the most common cloud problems," noted Jeremy Snyder, VP of Business Development at DivvyCloud, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"Venafi has a platform that allows you to manage, centralize and automate the complete life cycle of keys and certificates within the organization," explained Gina Osmond, Sr. Field Marketing Manager at Venafi, in this SYS-CON.tv interview at DevOps at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.