LEO is an assurance policy providing a pathway for your loved ones to follow upon your departure, giving them a clear understanding of your life, the extent of your estate and the estate issues to be resolved. LEO is used to compliment a Last Will and Testament or to operate as a stand-alone document. LEO documents what you have been involved with throughout your life and what you have accumulated over the years that you would like to share and/or have handled in your absence. LEO is an investment whereby it continues to build information value for you, your loved ones and trusted individuals. They become the beneficiaries of your life information and have a clear understanding of your estate and the issues related to all aspects of your estate. LEO represents an activity we would like to put off until the last minute. However, we are never sure when that last minute will occur.
Yes, it is considered a legal document. There is a signature page that makes the document legal. The signature page can be found in Estate Settlement section and at the end of the PDF document.
Your estate can be organized in many different ways. What we have found is it is difficult to sit down and think about how you want to organize your life and estate. You will continue to put it off, possibly until it is too late. We created LEO to include as many possibilities of life and estate issues for a person to select from for your personal LEO. LEO is designed to deal with many issues but also gives you the ability to create and add something we may have no experience.
Its purpose is to make the difficulty of settling your estate an easier process for those left behind assisting you in accounting for your life and estate.
LEO requires a subscription which is easily obtained at lifeestateorganizer.com. LEO is a software program consisting of multiple preplanned templates organized into sections and subsections relating to life and estate issues. From a complete listing of life and estate issues, you select the issues that are pertinent to your life and estate which becomes your Profile Scope Selection. Once you have your Profile Scope Selection, you can begin to fill in your data to any of the screens from your computer. If you have any level of word processing skills, you have the ability to fill in the data. Once you have completed your LEO, you can print a PDF or continue to store and update your LEO as you live your life and your life and estate issues change.
In our opinion everyone should have their own LEO. That is easy to say. Many people have similar life and estate issues that come to an end upon death and require resolution. LEO is designed to identify the common issues and allow the user to scale to their requirements. For example: I may have one house, but you may have three houses. We both have utilities, insurances, house expenses, etc. So, my LEO contains less of the same information.
LEO is an investment whereby it continues to build information value for you, your loved ones and trusted individuals. They become the beneficiaries of your life information and have a clear understanding of your estate and the issues related to all aspects of your estate. LEO is easy to use, comprehensive and inexpensive. You can update LEO as you proceed through life and be prepared to make the difficulty of settling your estate an easier process for those left behind. In addition, LEO communicates your life experiences to your loved ones, leaving them with family history, your personal experiences, advice, know-how and above all expressions of your love. Once you have finished your LEO you will have a Peace of Mind Experience knowing you are organized and prepared.
LEO cost $5.00 per month or an annual payment of $57.00 per year.
Yes, it does. If you subscribe to LEO you would continue filling out the other issues in the program. If you decide not to subscribe, your information will be permanently deleted in 180 days.
You own the data you entered into LEO. You can print a PDF of LEO. You can retain your LEO as long as you are a LEO subscriber.
If you cancel your subscription, we will retain your data for 180 days. If you cancelled your subscription, we would recommend you print a PDF of your LEO.
No, it does not. An LWT does not address the number of Life and Estate issues as listed in LEO.
Usually the subscriber would input the data. However, the data could be input by others in the event the subscriber could be physically unable to do so or if the subscriber assigned others to input data. For example: the subscriber could assign a private banker, financial advisor, estate attorney, family member, etc. to fill in specific sections of LEO.
Data is entered from a smart phone, laptop computer or desktop computer using the keyboard as provided on each device.
The information input to LEO comes from the subscriber. The subscriber information comes from memory and documents that are the property of the subscriber or given to the subscriber from others.
No, you do not. You can fill out your LEO with any level of Word Processing Skills.
Your data is secure with LEO. Security and personal data should be synonymous. LEO has used the latest in encryption techniques to protect personal data entered into LEO and transmitted to application and database servers for storage and retrieval purposes. We take security very seriously deploying bank standards in the protection of your information. For more detailed information, go to the security section of our website or contact us for more information.
If there is a breach of any subscriber or potential subscriber’s (one who is on a free trial) information, we have emergency escalation procedures in place to address multiple situations with predetermined methods to deal with the incident. You would be notified immediately if such an incident were to occur.
Your information will be encrypted and stored on servers and only accessible by you. No other individual will have access to your information, unless you decide to grant access, reference Estate Settlement Section, Trusted Individuals.
Your information is stored on a primary server system and a GEO-Redundant back-up server system in addition to the primary server system with the same level of security as the primary system.
LEO provides a method to appoint trusted individuals to have access to your LEO or parts of your LEO. In the appointment documents, there is a procedure that outlines the steps to take to unlock your LEO to your trusted individuals in the event of your death or some other life event. For more information regarding this matter, go to Estate Settlement, Estate Trusted Individuals, select the type of trusted individual(s) you would select and follow the instructions to appoint them and see the terms of the appointment document and how the unlocking of your LEO is triggered.
This is a difficult question to answer because of the many variables that could exist. For example: If you had multiple residences, multiple vehicles, a very large family, multiple insurances, belonged to multiple associations, traded a number of stocks, commodities, bonds, owned multiple electronic devices, etc., etc. it will take you longer than another to fill out your LEO. If your estate and net worth is slightly above average, you could expect to invest 72 hours to complete your LEO.
In order to answer this question, we would recommend you take a free trial to see how comprehensive LEO is and the issues it addresses beyond your Last Will and Testament.
Yes, to some extent. There are fields that can add additional information.
Yes, we believe you will be pleased with LEO especially after you reach the data finishing line. We believe you will have a Peace of Mind Experience knowing you are prepared and organized.
You never know when your time on Earth might come to an end. Your life events started at an early age and your estate grows as you entered the workplace and you acquired assets and liabilities; you are involved in stock bonus plans, IRAs, bonus plans, have brokerage accounts, trade investments on your own, you have a medical plan, etc. etc. You could be single living on your own with rental properties and become involved in an auto accident that resulted in being in a coma for 8 weeks. Who would know what needs to be addressed? You could be 69 years of age and have a lifetime of life and estate issues and suddenly die. If you did not have a LEO where would your loved ones start, what would they have to address? So, sure you can put it off. But, do you want to take that chance?
There is no golden age to have your own LEO. Certainly, you should subscribe to LEO as you start working and acquiring assets and liabilities. Absolutely, 35 years of age and older.
No, it does not. It is specific to the Head of Household. However, LEO does collect Life information on the Head of Household’s family members.
There are many sections and subsections of LEO that once you enter the data, you will not need to make any revisions such as birth dates, birth place, names of children, citizenship, education, parent’s names, etc. Then, there are sections that may change on a long-term or short-term basis. It is recommended to update your LEO when you purchase or sell assets; incur or retire liabilities; buy/sell investments; change banks/brokers, change/add pins and passwords. You will determine when it is time to make revisions as you work your way through LEO. The timing for updates could be immediately as a sale or purchase occurs or a change in the properties of a section occurs.
I would refer you to the answer to the question “How often should I revise my Leo?” Additionally, I would review elements once every six months.
No matter the size of your estate, it would be much easier to settle your estate with LEO than to achieve settlement without LEO. LEO provides the pathway to an efficient resolution to estate settlement by identifying all estate issues in LEO and providing the information needed to resolve and with whom. And if you addressed the issues as represented in LEO, you stand a much better probability of not forgetting about that insurance policy bought 50 years ago that now has a value of $20,000.00 and you may avoid the disgruntled family issues that can occur by addressing issues like who gets what that is not in your Last Will and Testament. Take a good look at LEO. Investigate the family issues that can occur without a LEO. If you were involved in the settlement of anyone’s estate you will understand the value of subscribing to LEO.
Yes, there are elements of LEO that can be more economical than working with an estate attorney. For example: Pet Guardian Agreement, Trusted Individuals Appointment documents. CAUTION: If you ever have a legal question about any subject, LEO will not have an answer to your legal question. LEO is designed to have the subscriber provide the information. If you do not know the answer it is in your and the deceased or impaired person’s best interest to consult an attorney.
LEO does not need to be HIPPA compliant because the medical information listed in LEO is provided by the subscriber who is the authorized person to provide the medical information.
Yes, you are limited to 10 gigabyte of storage space per subscriber.