My Folio Description
As Indians we need to discuss wealth in the family more openly and not guarded all the time. The RBI says 83,000 Crores lays unclaimed by people due to death or lack of knowledge by the next of kin.
My Folio is an app that makes the STORING & SHARING of all your financial, non financial assets( example personal mementos) easy and in one place along with your list of nominees who this app can be shared with in real time or in case of death can be retrieved by one of the nominees.
The Highlights of the app are that no other app allows you to curate everything imaginable in one place as well as share that information with another person at the touch of a button (since all of us keep our information on phones that can't be accessed by anyone else.
As Indians we need to discuss wealth in the family more openly and not be guarded all the time. The RBI says 83,000 Crores lay unclaimed by people due to death or lack of knowledge by the next of kin.
Amongst the BIGGEST benefits/ features present, there is one feature unique to our product i.e. we are able to share this information in real time with our nominee or in case of death the nominee can press a button and post 11 days (giving this time for preventing instant access and mis-use) the nominators information will reflect on the nominees My Folio APP
Another benefit is for NRIs who have no idea about the holdings of their parents here and who to contact too in case of a tragedy.
Having the IOU`s feature means that in real time I can write who I lent/borrowed money from, leaving a road map to my next of kin to be aware off.
Also people can take photos of a lot of items like cheque books, momento's, etc so they're easy to understand by the nominees
My Folio is an app that makes the STORING & SHARING of all your financial, non financial assets( example personal mementos) easy and in one place along with your list of nominees who this app can be shared with in real time or in case of death can be retrieved by one of the nominees.
The Highlights of the app are that no other app allows you to curate everything imaginable in one place as well as share that information with another person at the touch of a button (since all of us keep our information on phones that can't be accessed by anyone else.
As Indians we need to discuss wealth in the family more openly and not be guarded all the time. The RBI says 83,000 Crores lay unclaimed by people due to death or lack of knowledge by the next of kin.
Amongst the BIGGEST benefits/ features present, there is one feature unique to our product i.e. we are able to share this information in real time with our nominee or in case of death the nominee can press a button and post 11 days (giving this time for preventing instant access and mis-use) the nominators information will reflect on the nominees My Folio APP
Another benefit is for NRIs who have no idea about the holdings of their parents here and who to contact too in case of a tragedy.
Having the IOU`s feature means that in real time I can write who I lent/borrowed money from, leaving a road map to my next of kin to be aware off.
Also people can take photos of a lot of items like cheque books, momento's, etc so they're easy to understand by the nominees
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