Skip to content
DGLegacy – Your Secure Document and Password Manager with Digital Inheritance
Primary Navigation Menu
Login
menuclose-icon
  • HomeDGL logo
  • How It Works
  • Plans & Pricing
  • About us
  • Discover
    • Digital Legacy
    • Digital Asset
    • Digital Will
    • Digital Inheritance
    • Crypto Inheritance
    • Digital Legacy Management
    • Digital Asset Estate Planning
    • Secure Digital Vaults
    • Last Will and Testament
    • Estate Planning
    • Life Insurance Protection
    • Life Insurance Beneficiary
    • Password Manager
    • Asset Protection
    • Asset Management
  • Login
  • Sign up arrow

What is a password manager?

When we talk about password managers, we usually mean software that allows you to store and manage your passwords for online accounts, institutions, and services.

Nowadays, a password manageris an important tool that is good to have in your basket of digital tools. They have become extremely popular due to the fact that they are easy to use and very handy – they keep a record of your long passwords, so you don't have to remember them.

Almost everybody needs a password manager. No matter what type of website you use, from dating apps, to your fitness and nutrition app, to the most endangered – your mobile bank account, stock trading platform or crypto wallet – the website insists on creating a user account and a strong password for it.

Furthermore, many of us no longer have just one main computer that we use to surf the Internet. We usually have several devices in use, and most of us want to access our bank account, for example, from any device – phone or laptop – and from anywhere.

DGLegacy Password Manager

In addition to that, people these days have an ever-increasing number of accounts for different assets, such as:

  • check-icon Company stocks
  • check-icon ETFs
  • check-icon Stock options and RSUs
  • check-icon Cryptocurrencies
  • check-icon Insurance policies
  • check-icon Neobank accounts

It is difficult to remember all the usernames and passwords, and statistics show an alarming trend of the ever-increasing number of passwords used by the average person on a daily basis. More and more people are seeking a solution to ensure that their passwords will not be stolen or lost.

But no matter what solution is chosen, users of a password manager should make sure that it has certain basic characteristics and capabilities.

Let’s have a look at them.

How important is it to use a password manager?

Whether you like password managers or not, they:

  • help you to organize your credentials and keep track of them
  • take the hassle out of remembering your strong passwords
  • protect you from hackers
  • are able to protect your credentials from being locked for your rightful beneficiaries

Most password managers aim at protecting your passwords from being hacked or forgotten. Almost none of the existing password management tools, though, aim at protecting your digital inheritance from being locked for your rightful beneficiaries.

Basic characteristics and capabilities

The basic characteristics and capabilities that every good password manager should have include the following:

  • full encryption of all data
  • multi-factor authentication
  • the ability to download and upload files
  • sharing with your loved ones
  • 24/7 access from anywhere
Whatever you choose, it should satisfy your personal and family needs.

Why using a password manager is so critical for you and your family

A secure solution can allow you to consolidate all your usernames and passwords in one place, but there are even more important reasons to use one.

  • check-icon The first reason is that the number of online tools that people use regularly is ever increasing, and for an active online user, the passwords they use are probably more than the 27 (according to a study) used by an average American.
  • check-icon Using the same password for all accounts is a big security risk, and remembering dozens of different strong passwords is practically impossible.
  • check-icon It’s not easy to come up with such passwords in the first place, never mind store them and track them.

Giving your loved ones access to your chosen accounts in case of an unforeseen event is of utmost importance to protect your assets. Most password management tools don't allow you to share important passwords with your beneficiaries in case anything happens to you!

common-protection-graphic

How big is the risk of not using a password manager?

  • Not using a password manager makes your device vulnerable to being infected with viruses and malicious software, which could compromise your passwords.
  • Storing your passwords locally on your computer makes you an easy victim of hacker attacks.
  • Storing your private crypto wallet keys on your hard drive puts you at risk and exposes you to the danger of losing them if the device is broken or stolen. You can lose access to your cryptocurrencies forever.
  • Not having 24/7 access to your password credentials could be crucial in certain situations.
  • Using a spreadsheet – an unencrypted environment – instead of a password manager makes you highly vulnerable to attack.

How does DGLegacy protect your passwords?

  • check-icon Encryption.

    In the case of a security breach, the hackers won’t be able to read your data. To do so, the hackers must not only get access to the service itself but also, at the same time, get access to the encryption keys.

  • check-icon Multi-factor authentication.

    This ensures that if someone gets access to your account, they won’t be able to actually log in to the account because of the 2FA.

  • check-icon 24/7 access from anywhere.

    That sounds pretty basic, right? But you’d be surprised how many password managers don’t provide access from anywhere.

  • check-icon Proactive notification of your loved ones.

    This is another great capability which only a few password managers and digital vaults provide – the ability to proactively inform your family members about the designated assets or passwords.

  • check-icon Digital Inheritance.

    This functionality allows your designated beneficiaries to be granted access to your password should an unforeseen event happen to you.



This is achieved with the following easy steps:

1
Catalog assets and passwords
2
Designate beneficiaries and trustees
3
Detecting if something happens to you
4
Informing your loved ones about the assigned assets and passwords
5
Support for your loved ones
how-it-works-step1

Catalog assets and passwords

You catalog the assets and passwords that you want to protect via DGLegacy, with the minimum basic information about the assets that will allow your beneficiaries to identify and locate them.

We don’t ask for confidential information such as your bank account number, the value of your stock options, or financial account numbers!

Next step

how-it-works-step1

Designate beneficiaries and trustees

Beneficiaries are the people whom you appoint to be informed about the assets and passwords that you assign to them. These are usually your partner, your children or your extended family members, such as siblings and parents.

You can choose whether the beneficiaries are to be notified at the time you create the asset or only in the case of an unforeseen event.

If your beneficiaries are, for example, elderly people or children, they might not be proficient with the type of assets assigned to them. In that case, we recommend that you assign trustees for each of your assets. If something happens to you, they can help the beneficiaries to locate their assigned assets and claim ownership.

Next step

how-it-works-step1

Heartbeat protocol

The custom-engineered Heartbeat protocol of DGLegacy verifies that you are OK and detects whether anything unforeseen has happened to you.

It is a safe procedure which also aims to eliminate the possibility of false detections of unforeseen events at any cost.

This is implemented through a multistep process, described on the How It Works page.

Next step

how-it-works-step1

Heartbeat protocol triggering (unforeseen event detection)

If there is no confirmation in response to any of the reminder emails or phone calls, part of the Heartbeat protocol, the system detects that an unforeseen event has happened to you.

Then the notifications which you have configured into the system about the catalogued assets and the associated beneficiaries and trustees are triggered.

Next step

how-it-works-step1

Support for your loved ones

Our ultimate goal is to provide you with the right service to protect your assets and secure your loved ones’ inheritance.

Our team of experts worked with a renowned law firm to offer additional protection for your loved ones through the legal package “Guide and Inform”, part of the Platinum subscription.

In the case of an unforeseen event, the law company will engage with the beneficiaries to guide and help them in the process of claiming the assets you’ve assigned to them.

 

 

USER TESTIMONIALS

Why DGLegacy is the #1 place to secure your assets

What others say about DGLegacy

DGLegacy is great for protecting my assets and my family. So far I was storing my assets’ information on a google sheet shared with my wife, but I always worried that my assets will be lost if …

Victor

Strategic Alliances Manager - dmarcian

This is a service that could make you sleep well in a time of crisis. Knowing your family is sorted out and you have every valuable under control is priceless.

Vlad

Senior Engineering Manager - VMware
Atlanta, Georgia, United States.

Finally a peace of mind. I always wanted a tool where I could see a snapshot of my assets, track them, and decide what to share, with whom and when.
Because my assets were stored in different systems …

Ingrid Henke

Founder - ARRIVA relocation services
Berlin, Germany.

Knowing that DGLegacy exists is such a relief! Up till now, I’ve put my head in the sand when it came to thinking about my assets because it was so stressful with no real solution in sight. I ca…

Alara Vural

Founder - Alara Vural Coaching
London, UK.

I have been using a secure vault and password manager for years but I always worried that my family won’t be aware of most of this information if they need it. I really like that DGLegacy combines p…

Agnieszka Michalik

Software Architect - HERE Technologies
Berlin, Germany

DGLegacy enables me to easily track and organize all my passwords and assets.
The most important thing is that the digital inheritance capability of the service ensures that loved ones will be informe…

Stella Schmitz

International HR Executive
CATALOG YOUR FIRST ASSET

Protect your loved ones when it matters the most

Get started arrow-icon-white

2021-02-03
dglegacy logo white

Unforeseen events happen. Ensure that the people you love will know where to find your assets.

© DGLegacy 2023

DGLegacy is a German company registered in the court Amtsgericht Berlin-Charlottenburg.
Company registration number: HRB 214312 B.

Our Services

  • How It Works
  • Pricing & Plans
  • Questions and Answers
  • What others say about us
  • News
  • Blog

Company

  • About
  • Contact Us
  • Terms of Service
  • Privacy Policy
  • Imprint

Contact

contact@dglegacy.com
Sony Center, Kemperplatz 1 Mitte
10785 Berlin

norton Norton Trust Seal digicert-small SSL/TSL encryption by DigiCert

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT