Account successor - automatically transfer the portfolio to a relative if something happens to me

A possibility to appoint a person, who normally have no access to the project on a daily basis, to take control of it if something happens to me.

It could work like the following:

  • I enter that person’s email
  • A special, very long password is generated - half of it you give to that person, for example as a printed PDF with a QR code. The second half is stored on Capitally servers. Neither that person, nor Capitally itself can access account by themselves.
  • You set the inactivity time. If you don’t use Capitally for N weeks or months, we send a series of reminder emails. If you act on them - the inactivity timer is reset. If you don’t - the access for the successor is enabled.
  • We don’t let the successor know - he/she needs to know they have access.
  • Once the successor uses their QR code / link / enter their password, if the access is enabled, we check if their half is legit (we don’t receive the half, just the digest to verify) - if yes, we release the our half. Decryption happens only on the client side.
  • Regardless of the result, we send you an email that an attempt was made - so you know if somebody is trying to get access behind your back :wink:
  • At any time, you can revoke that access
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