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DCS is the first and only estate management solution assisting attorneys and personal representative

16/08/2023

Today is the Day!

Concerned about your digital history vanishing and leaving your legacy in the shadows?

Join us TODAY, August 16th, from 6:00 - 7:00 PM EDT for an invaluable webinar. Our CEO, Lee Poskanzer, will discuss urgent matters surrounding digital property security.

Protect your memories, essential documents, and digital properties for future generations.

Use this link to join, no RSVP required:
https://us02web.zoom.us/j/87023737292?pwd=eGs2K3c1RHdZb0xpcTNkQWQrUmE1Zz09

For support, email: [email protected] or call: 800.372.8121.

Visit directivecommunications.com

We look forward to your participation today!

11/08/2023

Are you ever concerned about your digital history vanishing, leaving your legacy in the digital shadows?

We would like to invite you to our webinar on Wednesday, August 16th, 6:00 - 7:00 PM EDT.

During this session, our CEO, Lee Poskanzer, will discuss this urgent matter, illuminating the evolving challenges and solutions in digital property security.

Invaluable memories, essential documents, and priceless digital assets can fade swiftly, leading to heartache and confusion for families and loved ones.

This webinar is crafted for individuals recognizing the immense task of securing their digital footprints for future generations.

Use this link to join. No RSVP is required.
https://us02web.zoom.us/j/87023737292?pwd=eGs2K3c1RHdZb0xpcTNkQWQrUmE1Zz09

We look forward to your participation in this conversation!

For further support, feel free to email us at [email protected] or contact us directly at 800.372.8121.

Visit directivecommunications.com

07/08/2023

Are Your Client's Digital Properties Safe in the Era of AI?

The ongoing Actor's Strike is echoing louder than we expected, its implications rippling into the realm of estate planning and digital assets. The increasing role of Artificial Intelligence in our lives changes the rules of the game, and your estate plan might not be as secure as you think!

In our latest blog post, we explore:

➡ How the Actor's Strike ties into your estate plan
➡ The escalating significance of digital properties
➡ Possible misuses of your digital image and likeness
➡ Strategies to safeguard your digital legacy in your estate plan

Understanding these complex issues is crucial to protect your, or your client's, digital properties and overall legacy. Stay updated, and equip yourself to navigate these unprecedented changes.

Are you ready to guide them through these changes?

Visit our latest blog post to arm yourself with this pertinent knowledge and discover how teaming up with Directive Communication Systems can assist in managing your client's digital accounts.

Check out the full write-up on our site!
www.directivecommunications.com/blog

25/07/2023

Elon Musk Outpaced As Threads Soars Past 100 Million - Is Your Client Riding the Wave (with yet more online accounts?)

"Threads," Meta's latest social media sensation, has skyrocketed past the 100 million user milestone at an unprecedented pace. But it's more than just a novelty – it's Elon Musk, CEO of Twitter, and biggest challenger, Mark Zuckerberg, Founder and CEO of Meta, sparking a buzz across the globe in this high-stakes game of digital innovation. Threads is a platform for real-time conversations and sharing. Threads isn't just levelling the playing field; it's redesigning it. For estate administrators, it's a quest to navigate this complex web.

As people diversify their digital identities across numerous platforms, a new era of digital influencers is born, and with it, fresh avenues for income generation. But with great power comes great responsibility. Without proper management strategies in place, there’s a real risk of asset discovery complications, privacy breaches, and potential loss of digital assets in the face of incapacity or death.

With Threads exploding on the scene, the need for effective digital property succession planning and incorporating DCS into your practice has never been greater. With DCS, law firms aren’t just adapting to change—they’re mastering it. They’re ensuring that in this dynamic digital age, they’re fully informed, prepared, and ready to deliver. DCS allows the secure organization of both digital and traditional accounts, caters to final wishes, and reduces risks linked to unknown accounts, protecting your firm from liabilities due to inaccessible digital assets.

Learn More About This New Platform And Start Preparing Your Clients!

https://www.cnn.com/2023/07/07/tech/meta-social-media-dominance-threads/index.html

To learn more about how we can help your firm protect your client's digital property, contact one of our advisors today at 1.800.372.8121 or visit our website at www.directivecommunications.com.

19/07/2023

Don't let your digital legacy vanish without a trace! Join us today, July 19th at 6 PM EDT, for a crucial webinar where our CEO, Lee Poskanzer, will discuss the fast-evolving world of digital property security.

In a blink, treasured memories and vital digital assets could be lost, causing distress for loved ones. If you feel the weight of protecting your digital footprint for future generations, this conversation is for you.

No RSVP is required. Just follow this link: https://us02web.zoom.us/j/87023737292?pwd=eGs2K3c1RHdZb0xpcTNkQWQrUmE1Zz09

For more support, contact us at [email protected], visit directivecommunications.com, or call 800.372.8121.

Join us and be part of this crucial conversation!

15/07/2023

Ever worried about your digital footprint disappearing without a trace, leaving your legacy at risk? You're not alone in grappling with this digital reality.

We invite you to join our webinar on July 19th at 6 PM EDT.

Here, our CEO, Lee Poskanzer, will address this significant concern, offering crucial insights into the fast-evolving world of digital property security.

In today's digital era, treasured memories, crucial documents, and hard-earned digital assets can vanish in the blink of an eye, causing distress and confusion for your loved ones.

This webinar is designed for those feeling the pressing responsibility of safeguarding their digital legacy for generations to come.

Use this link to join. No RSVP is required.
https://us02web.zoom.us/j/87023737292?pwd=eGs2K3c1RHdZb0xpcTNkQWQrUmE1Zz09

We look forward to your active participation in this vital conversation!
For further support, feel free to email us at [email protected], interact with us directly at directivecommunications.com, or call us at 1800.372.8121.

04/07/2023

Today on the 4th of July we commemorate the Declaration of Independence, therefore, also calling it Independence Day. Enjoy time celebrating with your friends and family, whether it be a barbeque or playing with the kids in the park. Let’s celebrate this historical day as proud Americans do.

29/06/2023

Are Your Clients' Inactive Google Accounts at Risk?

The recent Google announcement regarding the deletion of dormant or inactive accounts raises vital questions for the future of digital assets. The policy, which has significant implications for numerous long-unused accounts, sets a precedent for upcoming digital account regulations.

In our latest blog post, we explore:

➡The details of Google's new policy on inactive accounts
➡The importance of maintaining active accounts
➡Protective strategies to prevent your clients' accounts from falling into inactivity

Understanding these changes is crucial to protect your clients' valuable digital assets. Stay informed and ready to guide your clients through these changes.

Are you ready to guide them through these changes?

Visit our latest blog post to arm yourself with this pertinent knowledge and discover how teaming up with Directive Communication Systems can assist in managing your client's digital accounts.

Check out the full write-up on our site!
www.directivecommunications.com/blog

26/06/2023

Interested in mastering online succession planning?

I was just interviewed for Legal Leaders hosted by Katie Beth Hand and Stan Miller. We talked about gaining insight into the process of managing digital properties after a family member or friend has passed away.

Check out the episode here
https://podcasts.apple.com/us/podcast/legacy-leaders/id1650801195

19/06/2023

Ever found yourself anxiously wondering if all your digital memories and online documents could just vanish one day, putting your digital legacy at stake?

Don't worry; you're not alone in this digital conundrum. We cordially invite you to our webinar on the 21st of June at 6 PM EDT.

Our CEO, Lee Poskanzer, will tackle this important issue, sharing essential perspectives in the rapidly advancing arena of digital property safety.

Cherished memories, vital documents, and hard-earned digital possessions can disappear in a heartbeat, leading to distress and bewilderment for your loved ones.

This webinar is tailored for those sensing the immediate duty to secure their digital heritage for future generations.

Simply follow this link to join us on the day! No RSVP is needed.

https://us02web.zoom.us/j/87023737292?pwd=eGs2K3c1RHdZb0xpcTNkQWQrUmE1Zz09

We look forward to your participation in this essential discussion!

For further assistance, feel free to email us at [email protected], connect with us directly at directivecommunications.com, or phone us at 800.372.8121.

12/06/2023

An Apple a Day, Keeps Reality in Play

We can all relate to the thrill that comes with the arrival of new Apple products designed to simplify our interconnected lives. Apple's imminent Virtual Reality (VR) headset, offering immersive computer-generated experiences and Augmented Reality (AR) applications that overlay digital enhancements on our physical world, signals the onset of a transformative and evolutionary era. This change is anticipated to impact everyone within the trusts and estates community significantly. As the rate of technological innovation accelerates, it's understandable how advisors and clients might overlook the emergence of new and vital asset types. We might dismiss them initially, but they quickly become integral to our daily lives.

As pointed out in a recent CNBC article, Apple's announcement adds new levels of complexity to the management of digital asset succession. At the same time, VR and AR technologies are gaining substantial traction in professional environments. These technologies are estimated to be employed in roughly 80,000 current U.S. jobs, a number projected to skyrocket to a remarkable 2.32 million by 2030.

These trends underline the vital need for advisors to stay informed and adaptable amidst this swift technological advancement.

To learn more about how we can help you protect your digital property, contact one of our advisors today at 1.800.372.8121 or visit our website at www.directivecommunications.com.

Learn More About This New Technology And Start Preparing your clients!
https://www.cnbc.com/2023/06/01/why-apples-headset-could-become-the-first-vr-success-story.html

Adopting DCS in your practice offers substantial benefits, ensuring the secure organization of digital and traditional accounts while addressing final wishes. DCS mitigates risks associated with unseen accounts and protects your firm from potential liabilities due to inaccessible digital properties. With DCS, experience password-free management for all accounts and stay informed about industry trends.

02/06/2023

Cracking Down on Password Sharing- Are Estates Prepared?

Netflix’s recent password policy change is causing a stir. A recent article in the Washington Post calls out that the upcoming change for users accessing an account from a different location than the account's primary location for more than 31 days must create a separate account or pay additional fees. Otherwise, those who share their passwords violate the “agreed” Terms of Service and are subject to permanent lock. While this affects Netflix's subscriber base, it also raises serious concerns for advisors and clients who plan on relying on password sharing as a solution for handling estate matters.

Digital properties, such as the come with subscription payments, hold time-sensitive materials and employ inactive account data auto-deletion policies are an ever-increasing component to a client’s asset portfolio of a client's estate. The very same security protections and privacy policies demanded from content providers are the very same elements that can be disastrous for an estate or trusts administration.

Netflix's new password-sharing policy raises questions for digital property succession management. For instance, if a deceased client shares a Netflix account with a family member, the policy may create problems for survivors looking to access data or the service. It will require reconsidering how you write provisions in estate planning. Other content providers are watching this policy closely and can follow suit. Today, it’s video streaming; tomorrow, it can be the more vital accounts such as email, asset trading “exchanges,” business accounts and more!

Incorporating DCS into your practice delivers exceptional value by providing an effective program for digital property succession management that protects estate value and reduces the risk of failure for law firms and representatives. By being a part of the DCS family, our team ensures your firm stays updated on industry trends and changes.

To learn more about how we can help you protect your digital property, contact one of our advisors today at 1.800.372.8121 or visit our website at www.directivecommunications.com.

Check out the article below. What are your thoughts?

https://www.washingtonpost.com/technology/2023/05/27/netflix-password-sharing-why-users-mad/

25/05/2023

Global Governments Focus on Cryptocurrency Regulations- Is Your Firm Ready?

Recently, UK legislative MPs proposed that retail cryptocurrency investments to be categorized within the gambling industry regulation. This bold suggestion implies substantial implications for estate administration, possibly triggering a redefinition of this property and regulatory oversight.

The proposal signifies an important paradigm shift, equating cryptocurrency investments to gambling due to their unpredictability and risk factors. The legal and regulatory changes could fundamentally alter how we view and manage digital assets in estate planning and administration.

Do our clients fully comprehend the nature and risks of accumulating digital assets?

This is an intersection of the growing popularity of digital assets and the realities of regulatory shifts. Your role as an advisor requires staying on top of a dynamically changing world of innovation and meeting the antiquated Trusts and Estates industry. Navigating these changes is challenging.

DCS is here to help. We provide secure, password-free management for digital and traditional accounts. Our family of advisors keeps your firm and clients updated on industry trends and changes. Trust DCS to keep your practice ahead in this new era of estate planning.

Check out this article!
https://www.bbc.com/news/technology-65610851

To learn more about how we can help you protect your digital property, contact one of our advisors today at 1.800.372.8121 or visit our website at www.directivecommunications.com.

11/05/2023

Does the thought of your lifetime's digital legacy disappearing in an instant keep you up at night?

This is a real concern in our digital world, and you're not alone. We invite you to our monthly webinar on Wednesday, May 17th at 6 PM EDT. Here, our CEO, Lee Poskanzer, will confront these fears, providing key insights into the rapidly shifting terrain of digital property security.

In this digital age, the unthinkable can happen in a split second - your cherished memories, important documents, or hard-earned digital assets could vanish, leaving your loved ones in distress and confusion.

This webinar is tailor-made for those who feel the weight of this responsibility and are determined to protect their digital legacy for future generations.

Please use this link on the day of the webinar! No need to RSVP.
https://us02web.zoom.us/j/87023737292?pwd=eGs2K3c1RHdZb0xpcTNkQWQrUmE1Zz09

We look forward to your participation in this crucial conversation!

For any additional support, feel free to email us at [email protected], interact with us directly at directivecommunications.com, or call us on 800.372.8121.

09/05/2023

Advisors, Are You Prepared for Passkeys in Estate Administration?

A passkey, also known as a digital key or security token, is an advanced technology that offers more robust security measures than traditional passwords. Unlike a standard password, which can be easily compromised, a passkey uses public-key encryption to create a highly secure and unique identifier that is nearly impossible to breach.

Major companies like Google are adopting passkeys, utilizing public-key encryption to enhance security against data breaches and negate the need for additional two-factor authentication. However, this new approach introduces challenges. For instance, some passkey systems incorporate biometric requirements, which can't be fulfilled when the account holder is deceased. This adds complexity to managing clients' accounts and doesn't necessarily solve the issue of account holder impersonation; it might even make it more difficult. Thus, there's a greater need for the DCS platform.

Transitioning from passwords to passkeys could also require adaptation to new technology, necessitate updates to legal documentation, and demand additional training to ensure compliance with industry standards and regulations.

Stay informed about emerging technologies like passkeys to navigate potential hurdles.

DCS helps prevent hidden accounts from causing emotional hardships and financial loss while ensuring advisors and their firms are protected from potential liabilities associated with failure to access a digital property.

Check out the article!
https://www.pcworld.com/article/1806627/rip-passwords-google-accounts-now-support-passkeys.html

02/05/2023

Advisors, Are You Leaving Your Clients' Digital Legacy at Risk?, Password Managers Don’t Cut It!

How are you guarding your client's digital assets? This article in the Wall Street Journal scratches the surface of this young area of estate succession management. Some recommendations can result in disaster for you, your firm, and your client's estate. Password sharing is a violation of federal and state laws as well as encouraging the breach of terms of services agreements. Simple provisions may not work to disclose an account's contents.

While using a password manager and designating contacts for online accounts may seem like a solution, it's not enough. The Computer Fraud and Abuse Act and Terms of Service agreements prohibit anyone other than the account holder from using their login credentials. Recommending this approach could encourage a breach of agreement and even result in legal violations.

Your firm can provide relief by integrating DCS into your services, offering secure, password-free organization for digital and traditional accounts. DCS delivers notifications of an individual's final wishes and works with attorneys and personal representatives to ensure careful estate management. Adopt DCS to safeguard your clients' digital legacies.

Check out this article!
https://www.wsj.com/articles/a-plan-for-your-digital-life-after-death-177b065e

To learn more about how we can help you protect your digital property, contact one of our advisors today at 1.800.372.8121 or visit our website at www.directivecommunications.com.

24/04/2023

Tokenized Gold: What's Next for Your Clients and Their Digital Property Estate Planning?

“Tokenization refers to a process by which a piece of sensitive data, such as a credit card number, is replaced by a surrogate value known as a token. The sensitive data still generally needs to be stored securely at one centralized location for subsequent reference and requires strong protections around it.”- Gartner Information Technology*

The rapid rise of tokenization presents financial advisors with unique challenges in estate administration. As clients increasingly invest in tokenized assets, understanding the complexities of these digital properties becomes essential for effectively managing their estates.

Some complexities of tokenized assets include:
➡Security and Accessibility: Clients should secure storage of the property and plan for the accessibility of cryptographic keys for designated beneficiaries to unlock safely.
➡Legal frameworks: Advisors need to understand domestic and international laws governing digital property due to varying regulations and guidelines.
➡Taxation: Tokenized assets' uniqueness can have tax implications based on tax codes and the purpose of the tokens
➡Valuation: Adequate preparation for valuation changes based on market volatility prior to asset distribution.
➡Asset distribution: Heirs need to be educated on tokenized assets so they can effectively be transferred, accessed and prevented from being mishandled or stolen.

DCS helps you adapt to the challenges of digital property succession management, easing the burdens faced by lawyers, their clients, and representatives during trust settlements and estate administration. Plus, DCS keeps updated on the emerging asset class's latest developments, sharing the impacts they have on the T&E practices.

Read More
https://finance.yahoo.com/news/tokenization-real-world-assets-key-091033450.html

*https://www.gartner.com/en/information-technology/glossary/tokenization

11/04/2023

Have you seen Netflix’s new password-sharing policy?

Netflix's 2022 announcement to tighten password-sharing policies has sparked conversations on the future of digital assets and their implications on trust and estate planning. With countless unanswered questions, it's essential to stay informed and proactive.

Our latest blog post jumps into:

➡The details of Netflix's new password-sharing policy
➡The impact on Trust & Estate (T&E) planning
➡How to properly protect your client's digital assets

Get ahead of the curve and learn how these changes will affect digital asset management in the coming years. Equip yourself with the knowledge to guide your clients through this evolving landscape.

Read our latest blog post to learn more and to see how working with Directive Communication Systems can benefit you and your practice.

Read More
www.directivecommunications.com/blog

06/04/2023

Advisors, are you ready to tackle the challenges of Fortknoxster's DieFi (what the h**k is that????) platform?

As cryptocurrency and digital assets grow in popularity, estate planning must evolve. Fortknoxster's DieFi is a new and highly secure platform for storing for crypto owners’ credentials and assets, featuring a "Dead Man's Switch" to release information to beneficiaries. (DieFi: a non-custodial crypto recovery & inheritance platform to safely convert keys to a unique 2FA sequence and designed to foil bad actors.)

There are challenges that this presents to estate management to explore for advisors and the implications this may have. The sophistication of this technology makes it appear that they’ve created their own rules. And, the very essence of crypto being constructed on the blockchain is to be decentralized fundamentally, which translates to a lack of enforceable governance.

Key Challenges for Advisors & Estate Administration:

➡️Awareness: Advisors must be aware of these types of platforms and technology in order to prepare an estate plan properly. For consideration include understanding security features, protocols, and beneficiary access processes.
➡️Digital asset inventory: Advisors will need to work with clients to create a comprehensive inventory of digital property, including cryptocurrencies, NFTs, and other digital properties and where they’re stored.
➡️Legal considerations: Advisors need to stay informed about evolving regulations surrounding digital assets, helping clients navigate potential legal challenges across jurisdictions.
➡️Estate planning integration: Advisors must integrate the digital property into clients' overall estate plans, ensuring smooth access transitions for beneficiaries and addressing potential tax implications.

DCS streamlines digital property succession management for advisors & clients, easing estate management burdens on loved ones. Stay updated on changes, effortlessly locate accounts, and minimize identity fraud risks & emotional distress. By understanding challenges posed by platforms like DieFi and incorporating digital property into clients' estate plans, advisors can help ensure a seamless and secure transfer of digital assets to beneficiaries.

Read more
https://www.digitaljournal.com/pr/news/crypto-non-custodial-inheritance-solution-2-factor-seed-phrase-storage-unveiled

04/04/2023

The metaverse is rapidly expanding, with top brands like Adidas and Tommy Hilfiger participating in Decentraland's second annual Metaverse Fashion Week (MVFW). This vibrant all-digital event presents a unique marriage between the traditional world of fashion and the growing demand for virtual experiences. Many of the world’s leading designers will be showcasing their latest creations as they would for any major fashion show….only this show will be all digital. No real fabric, no real models, but very real buyers and real press coverage. This year's event will include the CFDA (The Council of Fashion Designers of America), marking the first time a leading trade organization recognizes an all-digital event.

Why is this relevant to the world of Trusts and Estates? Events such as these are increasing in popularity, and your clients will participate. If not today, then tomorrow. As an estate advisor, you will face new challenges, which may include:

- Identifying and including digital property in the constantly evolving and expanding metaverse.
- Ensuring proper distribution of digital property in your client's estate plans.
- Navigating the intricate legal and regulatory landscape of digital asset privacy and transference.

Adapting to these challenges is essential, and Directive Communication Systems (DCS) is here to help. We ease the many burdens that come with digital property succession management that lawyers, clients and representatives will face when conducting a trust’s settlement or estate’s administration.

As an added benefit, we keep you informed about the exciting activities in the emerging asset class.

Read More
https://www.glossy.co/fashion/adidas-and-tommy-hilfiger-to-intro-cross-platform-digital-fashion-at-metaverse-fashion-week/

To learn more about DCS and the many benefits of our digital property succession management program, contact one of our advisors today at 1.800.372.8121 or visit www.directivecommunications.com. Even one lost account can ruin all you and your clients have worked for.

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Your client's most memorable moments will be preserved in virtual reality. Wist allows users to capture and relive their memories in both Augmented Reality (AR) and Virtual Reality (VR). These may be new terms to you, but we’re all going to have to be comfortable using them. They’re quickly becoming a part of our daily language.AR (Augmented Reality) overlays digital content in the real world. VR (Virtual Reality) creates an entirely immersive digital environment, often requiring a headset or specialized equipment. Knowing what they are will make your job easier and provide improved estate plans for your clients. Wist is an innovative technology that allows us to relive real life experiences. Why is this important to the T&E world? Well, let’s think about it. There are memories not only for the loved ones, but there may be commercially valued moments. This may be critical to an estate’s settlement or a loved one left behind. In either case, they need to be appropriately planned for. Losing them can bring about stress, anger and frustration for representatives and survivors. DCS specializes in technology for digital property succession management. We keep on the pulse of what’s happening in the latest innovations and tech industry trends. DCS helps advisors and their clients effectively plan the digital asset portfolio for successful administration and distribution, relieving those left behind with overwhelming burdens for dealing with an estate’s digital assets. To learn more about protecting your digital property, contact one of our advisors today at 1.800.372.8121 or visit www.directivecommunications.com. Read more https://80.lv/articles/wist-an-app-that-lets-you-re-experience-your-memories-in-ar-vr/ #digital #legacy #legacycontact #accountholder #passwordsharing #digitalaccount #onlineaccount #accountpassword #legacyassets #financeandeconomy #people #share #digitalassets #wealthmanagement #directivecommunicationsystems #metaverse #vr

We are overjoyed to welcome the new year and its exciting possibilities! From all of us at DCS, we wish you a healthy and happy year filled with prosperity, success, and endless growth opportunities. Let's make this next chapter the best one yet - here's to another fantastic year ahead 🎉🎊 Happy New year! #newyear #digital #legacy #legacycontact #accountholder #passwordsharing #digitalaccount #onlineaccount #accountpassword #legacyassets #financeandeconomy #people #share #digitalassets #wealthmanagement #directivecommunicationsystems

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