HereToday is proud to support “Rock in the Park”, a free concert in City Park Denver on August 15th.
The Parent Rocker Organization will host a live concert in Denver’s beautiful City Park Pavilion Bandshell for all ages. From 5:00 PM to 8:00 PM, some of the most talented musicians in Denver between the ages of 10 and 18 will take the stage to play hours of your favorite rock music. On stage will be the fabulous School of Rock Denver “House Band,” an advanced performance band of students who had to audition to participate.
This is an all-ages event so grab a picnic blanket and bring your friends, family and dogs for a fun outdoor concert. The concert is free but donations are welcome to support the Parent Rocker Organization scholarship program.
“HereToday enables young rockers’ parents and grandparents to secure legal documents, manage online accounts, and digitally create and share their legacy with loved ones. We’re proud to support these musicians and their families” said Morgan Davies, CEO of HereToday.
As an executor or authorized member of a loved one’s estate, you’ll be tasked with closing their bank accounts. If there’s no will or estate plan, a spouse or partner, close family member, or significant beneficiary of the estate will be designated as a court-appointed administrator. Before connecting with your loved one’s bank, you’ll need verifiable proof of your authority to manage the deceased’s assets.
Closing a Single Holder Account
Each bank has its own rules regarding the closure of an account. In most cases, you’ll need to provide a bank with a copy of the death certificate and proof of authorization.
Meeting with an attorney to draft an estate plan will provide your loved one’s with peace of mind. However, to ensure the experience with an attorney goes smoothly, it might be good to understand the definition of a few legal terms. In this blog we’ll explore the meaning of “property” and how it pertains to your estate plan.
Property in an Estate Plan
If you don’t have a structured estate plan in place, settling affairs after you’ve passed could become a lengthy and expensive probate process for your executor and loved ones. An estate plan is a document that outlines who will inherit your assets after you’ve passed away.
Property encompasses all of your assets when discussing the term within the context of estate planning. Property does not solely mean real estate holdings; but rather it includes both real property (real estate) and personal property.
Life is full of adventures and new experiences; some of which could leave you in a precarious situation. What happens if a misstep or accident causes you to require immediate medical assistance; further, what if this situation leaves you unable to communicate your wishes? Most people think an emergency will happen to other people: they don’t believe they will likely end up in the emergency room. According to Wolters Kluwer’s UpToDate platform, only one-third of Americans have created an advance care plan (ACP).
During your time in this world you’ve experienced a life full of joy, loss and heartache, and love. A part of the circle of life is contemplating one’s own mortality. While an uncomfortable and hard subject to broach, it’s imperative that you craft an end-of-life plan. An end-of-life plan can be one of the best gifts you can give to your loved ones. A well crafted plan will include documents ranging from a last will and testament to an advance health care directive. Determining what items to include in an end-of-life plan can be a daunting task, so we’ve set out to address the most common documents you need prepared before you pass away.
The death of a loved one is a life-changing event. At such times it’s natural to experience a sense of loss and bereavement. Such emotions can trigger intense feelings of grief; in some cases lead to depression. Whether you’re experiencing grief or depression, or both, there are several outlets to help with your healing.
If you’re unable to process grief without slipping into depression, we suggest seeking professional help. A grief group or mental health practitioner specializing in loss and bereavement can provide tremendous help. In some instances, treatment options could include therapy or medication.
Everyone mourns the loss of a friend or family member, but that doesn’t mean your life is over. Life will continue after a loved one’s passing. In time you’ll heal and move forward; hopefully, celebrate and honor your beloved’s life for years to come.
HereToday has compiled a list of national groups and organizations that offer grief, loss, and bereavement support to help you process feelings of grief.
Life can be beautiful, filled with love, joy, and happiness. The experiences shared with family and friends have created lifelong memories; as such, when a loved one passes it’s natural to feel a sense of loss. However, such emotions can trigger intense feelings of grief during bereavement; in some cases lead to depression. If you’re experiencing grief or depression, or both, there are several outlets to help with your healing.
The First Orlando Counseling group has a succinct description for the difference between grief and bereavement. “Grief describes the response to any type of loss. Bereavement is grief that involves the death of a loved one. Grief includes a variety of feelings that go along with the process of moving on from a significant change or loss.”
If you’ve recently experienced the death of someone, or can anticipate your passing due to a terminal illness, you and your loved ones might find it difficult to adjust to these significant life changes. Everything about your beliefs and perspective of reality can be altered significantly during a period of grieving. There is no right or wrong way to process the passing of a loved one. Everyone experiences loss differently and heals on their own timetable.
As HereToday is nearing our beta launch, I’m making preparations to raise our first round of funding. My co-founders have done an amazing job building our platform, but as CEO it’s my responsibility to ensure we have strong investment partners and sufficient capital to execute to our fullest potential. As such, I take advantage of every opportunity to learn more about fundraising and meet prospective partners. This week Jason Calacanis and the hardworking team from Inside hosted “Meet Our Fund”, a reverse demo day where world-class investors pitched startup founders on why we should partner with their firms.
At a typical demo day, founders pitch venture firms; but the founders don’t get a chance to learn about the firms. At Meet Our Fund the event script was flipped. Brilliant! Over two days I listened to some of the world’s most successful individuals. Notables for me included Katie Stanton from Moxxie Ventures, Elizabeth Yin from Hustle Fund, Garry Tan from Initialized Capital, Jed Katz from Javelin, Paul Judge from Panoramic Ventures, Ben Ling from Bling Capital, and Pejman Nozad from Pear VC. A special thank you to all the investors who participated in this first event. Everyone who presented was incredibly forthcoming about their firm’s focus and requirements for success.
The premise of Meet Our Fund was so simple and beautifully executed. Why this type of event hasn’t happened in the past is beyond me, but I can’t thank Jason and the Inside team enough for putting it all together. Over two days, 25 venture funds, accelerators, and seed funds presented to over 6,000 founders. Each presenter had 20 minutes to introduce their teams, outline their portfolios, and discuss the firm’s investment thesis. Approximately 10 minutes was set aside after each presentation for founders to ask questions. Truly insightful! As a founder, it was incredibly helpful to hear an investor’s premise, their value-add proposition, and what they look for in prospective investments. The amount of detail shared was invaluable — I’ve been working on my seed target list for a while, which includes individual firms’ strengths and focus, and this event took my research and knowledge to a new level.
Each investor on HereToday’s cap table will be viewed as a long-term partner on our journey. Perhaps an overused statement, but one that’s true, the average investor relationship lasts longer than most marriages. Therefore, it’s imperative that a founder and an investor forge an honest relationship. I need to share my past experiences (first non-founder employee at Mashape, now Kong), skill sets, product vision, and desired outcome in a sincere and transparent narrative. Conversely, I need partners that’ve been in the trenches and can provide guidance and support when needed — a true value-add to any early stage company. Everything is predicated on honesty and aligned objectives.
As an early stage company we don’t know what we don’t know, so it’s vitally important to have strong partners with a shared vision of our company and market potential. It’s a mutual buy-in on each other’s strengths and beliefs in what we’re building. The Meet Our Fund couldn’t have been timed better for a company at our stage.
Inside and Jason recently announced that an in-person event will be coming soon — I can’t wait to attend!
If you’re suffering from chronic illness, consider a palliative care plan. Broadly defined, a chronic illness is a condition lasting greater than a 1 year; which requires ongoing medical attention or restricts a person’s daily activities. The goal of palliative care is to provide you with relief from the symptoms and stress caused by an illness; ultimately, improve your quality of life. Hospice, by contrast, provides palliative care services in the last months of your life. Too many people suffer in hospitals or nursing homes by not receiving the care consistent with their wishes.
A legacy is how a person would like to be remembered by their family and friends. You are the main character of your life, so share your greatest hits for loved ones and generations to come.
Within the HereToday Legacy Vault you can safeguard and share your stories. Tell loved ones about your life experiences, travels, keepsakes, favorite recipes, photos, music and more. You can also share your personal values, traits, and behaviors that have motivated your life’s decisions and pathways.
We are all descendants. When looking at your hands you see parents, grandparents, and generations long since past. Through genealogy, the study of ancestry and family trees, you can discover the history of your family and the tracing of its lineage. Genealogists incorporate interviews, historical records, genetic analysis, DNA tests, and other means to obtain information about kinship and pedigrees of family members.
In HereToday’s Digital Afterlife blog we explored the ramifications of your passing and the impact on an executor’s ability to access online accounts. When you pass away could an executor access your digital assets? Perhaps you don’t want these people accessing your accounts and password protected devices.
The Revised Uniform Fiduciary Access to Digital Assets Act (RUFADAA) attempts to provide privacy protections for the ‘owners’ of digital assets, as well as provide protections to the ‘custodians,’ such as corporations who make, store, or provide digital assets. At the same time RUFADAA grants fiduciaries certain powers to manage digital assets. The Uniform Law Commission (ULC) summarized RUFADAA by stating, “this act extends the traditional power of a fiduciary to manage tangible property to include management of a person’s digital assets. The act allows fiduciaries to manage digital property like computer files, web domains, and virtual currency, but restricts a fiduciary’s access to electronic communications such as email, text messages, and social media accounts unless the original user consented in a will, trust, power of attorney or other record.”
I hold dual citizenship with the United States and England. These two wonderful countries have vastly different personalities and cultural traits; as you can imagine, both offer history, nostalgia, and unique foods I want to pass down to my family. It’s important to me that our next generation learns about previous family gatherings, how my parents and grandparents would prepare incredible meals, and the delightful clash of American and English cuisine.
We created an encrypted, bank-level security, vault system to store your documents and legacy items. If you become incapacitated an executor can Claim access to your Living Will / Power of Attorney; or upon your passing, an executor can claim your entire account including the Vault and Legacy Vault.
Your security is our number one priority
HereToday uses the latest technology to protect your account. Multi-factor authentication and bank grade encryption is deployed across our website and application, plus we utilize advanced analytics to recognize fraudulent activity. We’re continuously innovating to keep you and your data safe. Learn more about our safety and security protocols.
It’s never too early to create your retirement plan. If you haven’t considered a retirement strategy by now, it’s time to get started. Typically, you’ll invest more aggressively (greater risk and reward) when you’re young; as you mature you’ll move away from aggressive investments to more conservative options. You can comfortably retire when you’ve saved enough money to replace your earned income stream from working. This is part one of HereToday’s retirement series.
A Letter of Intent, also known as a Letter of Instruction, is a document you create to help an executor achieve your final wishes. This document can address your preferences on medical care, funeral plans, distribution of assets, or anything else you think is important and should be included. You can also share life lessons you’d like passed to your beneficiaries. While this document is not legally binding, your instructions can provide guidance and peace of mind to loved ones during their time of need.
You’ve worked hard all of your life, raised a beautiful family, and would like to pass along your good fortune to children, family and friends. To ensure your beneficiaries don’t pay exorbitant probate fees or wait months, sometimes years, to receive funds from your estate, consider creating a living trust.
If you want your assets to avoid probate, a living trust (also known as a “revocable trust”) is an effective tool in your estate planning. A living trust is an alternative to a last will.
In the most simplistic definition, legacy is how a person would like to be remembered. You’re the author of your life. What memorable life stories will you share?
With HereToday’s Legacy Vault you get to share your story. Tell loved ones about your experiences, travels to far off destinations, sports, family heirlooms, favorite recipes, photos, music playlists and more. Instead of leaving libraries of unidentified family photos, following generations will benefit from faces matched with names family genealogy folders and links.
How do you want your family and loved ones to remember you?
Your time in this world has brought great joy and love to your family and community. A final gift to your loved ones is a well-prepared end-of-life plan. End-of-life planning can be a difficult, sometimes complex discussion, but ultimately a rewarding conversation with your family.
Read more about end-of-life planning at HereToday.
Your life is online. From ordering household supplies on the internet to banking and media subscriptions — everything in your life requires a secured login. You even store credit cards on a phone, enabling you to purchase items with Apple Pay or Android Pay. These accounts and digital devices hold significant personal and financial details of your life. Have you considered what happens to these subscriptions when you pass away? Let’s explore the ramifications and solution to the digital afterlife.
When most people hear the word “doula” they envision expectant mothers, babies and childbirth. While this traditional vision is accurate, a growing number of healthcare professionals are choosing to focus in a very different area of practice: End-of-life support. Specializing in end-of-life care, death doulas provide invaluable resources and comfort to the dying and their families.
Birth doulas have been providing vital support during childbirth for years, however according to the International End of Life Doula Association (INELDA) the official role of “death doulas” did not exist until 2003. This position is also referred to as “end-of-life doulas,” “mourning doulas,” and “death midwives.” HereToday highly recommends INELDA as a respected resource for those seeking additional information on this topic.
Life insurance isn’t the most pleasant topic to discuss, but it can provide peace of mind to your family. Nowadays buying life insurance can be quick and easy. There are several online tools and programs to help you identify the right amount of coverage for you and your family.
What is life insurance?
A life insurance policy is a contract between yourself and an insurance company. In exchange for paying regular premiums over a period of time, an insurance company agrees to pay face value of the policy to the beneficiaries upon your death. A beneficiary can be anyone: your children, a spouse or other family members. It’s an important safety net if anyone depends on you financially. A life insurance payout can be used by a beneficiary for debts such as a mortgage, income replacement, college tuition, or anything else.
Throughout our platform we state that HereToday was built for you — for families — for preserving memories, unlocking digital assets, and distributing legal documents when you’re incapacitated or pass away. Among these documents should be instructions for guardianship of a minor; however this critical component is sometimes overlooked by families crafting their estate plans.
Despite the need for a clear directive most families have not drafted a will, trust, or named a legal guardian. The emotional strain of crafting these documents, especially selecting a guardian, often leads to delaying this process.
What is Guardianship?
Guardianship is the legal process used to protect individuals who are unable to care for their own well-being due to infancy (not being of legal adult age), disability limitations, or incapacity. In the case of children, guardianship of a minor is a legal relationship where one person, or a couple, is given the authority and duty to care for your child or property.
Most of us avoid estate planning because… well… denial, really. It’s uncomfortable thinking about death—especially our own. So unless we have a good reason to think about it—a serious illness, an accident, a family member’s death—we typically just don’t.
The problem is, we can not think about it for too long, leaving our loved ones behind to experience not just grief, but also stress and overwhelm.
Fortunately, putting together an estate plan isn’t as complicated as you might think.
Nearly 6 in 10 Americans plan to leave inheritances to their heirs. However only 2 in 10 have a mechanism to do so. Add your Estate Plan to HereToday’s bank-level secured vault and provide peace of mind to your family.
Prepare Your Family with an Estate Plan. Learn more about estate planning at HereToday.