What is Domain Legacy?
Domain Legacy provides domain estate planning and management tools for domain professionals. Clients use Domain Guardians as a repository for confidential information related to their domain business. As a part of the service, clients identify “beneficiaries” who are to receive information in the event of a death or disability of the client. In addition to disclosure, the Company works with your attorney and heirs/family to provide interim domain management and ultimately either a liquidation strategy or a continuing management strategy. If your or your beneficiaries wish for something else, Domain Guardians will strive to accommodate those wishes. This is a “white-glove” service that is tailored for each person based on their individual needs. How does it work?
In the event of your death or disability, Domain Guardians will carry out your pre-arranged Domain Legacy plan, ensuring your family’s financial security is maintained well into the future.
When signing up for the Domain Legacy product, Domain Guardians will consult with you to understand the nature of your activities and identify appropriate confidential information for deposit and “beneficiaries” who you wish to receive the confidential information in the event of your death or disability. During this process we also discuss your desired business continuation strategy and requirements.
Once this continuation strategy is finalized, our in-house lawyers then produce an agreement between yourself and Domain Guardians, ensuring your wishes are put into immediate effect should an event occur. These agreements are then distributed to your designated beneficiaries and personal legal representatives to notify them of your participation in our services. We will also provide you with example language that you should review with your estate attorney for possible inclusion in your will, trust or other estate documentation.