Last updated: May 2025
Disclaimer: The information provided on this page is for general informational purposes only and should not be construed as legal or financial advice. Everyone’s situation is unique, and we recommend consulting with a qualified professional for advice specific to your circumstances.
In our increasingly digital world, our lives exist as much online as they do offline. From financial accounts and insurance policies to personal photos and important documents, our digital footprint contains valuable assets and information that our loved ones may need to access someday.
Digital vaults—secure online repositories for storing passwords, documents, and digital assets—have emerged as important tools in modern estate planning. This guide examines the landscape of digital vault solutions available to Australians, comparing features, security measures, and considerations to help you understand your options when planning for the digital aspects of your estate.
The Best Digital Vault Platforms in Australia
| Platform | Primary Focus | Starting Price (Individual) | Family Plan | Free Option | Best For |
| Keeper | Password manager with comprehensive vault features | ~$45/year | $95/year (5 users) | No | Users wanting robust security with detailed permissions |
| SafeWill Vault | Estate planning-specific digital vault | ~$60/year | N/A | No | Australians focused primarily on estate planning |
| LastPass | Mainstream password manager with vault features | ~$40/year | $50/year (6 users) | Yes (limited) | Users wanting balance of features and value |
| 1Password | Security-focused password manager | ~$45/year | $75/year (5 users) | No | Users prioritising interface and security architecture |
| Bitwarden | Open-source password manager | ~$15/year | $50/year (6 users) | Yes (robust) | Budget-conscious users and open-source advocates |
| Dashlane | Feature-rich password manager | ~$60/year | $90/year (6 users) | Yes (limited) | Users wanting additional security tools like VPN |
| Everplans | End-of-life planning platform | ~$85/year | Discounted rates | No | Comprehensive estate planning with digital elements |
| Clocr | Digital legacy & asset management | ~$60/year | Available | No | Users focused on digital inheritance planning |
| DigitalWill.com.au | Australian-specific digital legacy | ~$75/year | Available | No | Australian users wanting local legal alignment |
| Password Boss | User-friendly password manager | ~$30/year | $50/year (5 users) | Yes (basic) | Less technical users requiring simplicity |
| NordPass | Security-focused password manager | ~$35/year | $60/year (6 users) | Yes (basic) | Security-conscious users familiar with Nord products |
| LegacyShield | Comprehensive legacy planning | ~$80/year | Available | No | Users wanting integrated financial & digital planning |
Expanded Digital Legacy Features Comparison
| Platform | Emergency Access | Waiting Period Options | Detailed Access Logs | Beneficiary Instructions | Digital Asset Categories |
| Keeper | Yes | Configurable | Comprehensive | Good | Good |
| SafeWill Vault | Yes | Limited options | Basic | Excellent | Excellent |
| LastPass | Yes | 1 hour – 30 days | Good | Basic | Good |
| 1Password | Via emergency kit | N/A | Limited | Limited | Good |
| Bitwarden | Yes | Configurable | Basic | Basic | Basic |
| Dashlane | Yes | Immediate – 60 days | Good | Basic | Good |
| Everplans | Yes | Limited options | Good | Excellent | Excellent |
| Clocr | Yes | Configurable | Comprehensive | Excellent | Excellent |
| DigitalWill.com.au | Yes | Limited options | Good | Excellent (Australia-specific) | Good |
| Password Boss | Yes | Configurable | Basic | Basic | Good |
| NordPass | Yes | Configurable | Basic | Limited | Basic |
| LegacyShield | Yes | Configurable | Comprehensive | Excellent | Excellent |
Expanded Security and Access Features
| Platform | Encryption Standard | Two-Factor Authentication | Biometric Login | Offline Access | Australian Data Storage |
| Keeper | 256-bit AES | Yes | Yes | Yes | No |
| SafeWill Vault | 256-bit AES | Multiple Options | Yes | Limited | Yes |
| LastPass | 256-bit AES | Yes | Yes | Yes | No |
| 1Password | 256-bit AES + Secret Key | Yes | Yes | Yes | No |
| Bitwarden | 256-bit AES | Yes | Yes | Yes | No |
| Dashlane | 256-bit AES | Yes | Yes | Yes | No |
| Everplans | 256-bit AES | Basic | Limited | Limited | No |
| Clocr | 256-bit AES | Yes | Yes | Limited | No |
| DigitalWill.com.au | 256-bit AES | Yes | Limited | Limited | Yes |
| Password Boss | 256-bit AES | Yes | Yes | Yes | No |
| NordPass | 256-bit XChaCha20 | Yes | Yes | Yes | No |
| LegacyShield | 256-bit AES | Yes | Limited | Limited | No |
Understanding Digital Vaults
What Are Digital Vaults?
Digital vaults are secure online storage systems designed to protect sensitive information and provide controlled access to designated individuals under specific circumstances. Unlike standard cloud storage, digital vaults typically offer:
- Enhanced security features including advanced encryption
- Designated beneficiary access protocols
- Legacy planning tools for posthumous access
- Organization systems for different types of information
- Integration with estate planning documents
These specialized features make digital vaults particularly valuable for estate planning purposes, helping ensure that important information isn’t lost or inaccessible when needed.
The Role of Digital Vaults in Estate Planning
Digital vaults serve several important functions in comprehensive estate planning:
Digital vaults address the “digital asset gap” in traditional estate planning. Many wills and estate plans focus primarily on physical assets but may overlook digital assets like cryptocurrency, online accounts, and digital media. Digital vaults provide a structured way to catalog and transfer these assets.
They offer a solution to the password problem that executors and family members often face. Without proper documentation, valuable or sentimental digital assets may become permanently inaccessible after someone passes away. Digital vaults provide authorized access to necessary credentials and information.
Digital vaults can streamline the estate administration process by consolidating important documents and access information in one secure location. This organized approach can reduce stress and confusion for executors during an already difficult time.
They provide a mechanism for preserving and transferring digital memories like photos, videos, and correspondence that have tremendous sentimental value but might otherwise be lost if stored only on personal devices or accounts.
Types of Digital Vault Solutions
Digital vault solutions generally fall into three categories, each offering different approaches to securing and transferring digital assets and information:
Dedicated Digital Legacy Platforms
These platforms are specifically designed for estate planning and digital legacy purposes. They focus primarily on securely storing important information and providing mechanisms for transferring access to designated individuals after death or incapacitation.
Examples include:
- SafeWill Vault
- Everplans
- AfterVault
- Clocr
- DigitalWill.com.au
Password Managers with Legacy Features
Many comprehensive password managers have evolved to include digital legacy features. These platforms excel at password management while also offering mechanisms for securely transferring access to trusted individuals.
Examples include:
- Keeper
- LastPass
- 1Password
- Dashlane
- Bitwarden
Secure Document Storage Solutions
These platforms focus primarily on secure document storage with some additional features for password management and legacy planning.
Examples include:
- DocuBank
- Arken.legal
- LegacyShield
- EstateExec
Comparing Major Digital Vault Platforms in Australia
Below we compare several leading digital vault solutions available to Australians. Information is current as of our last update, but we recommend checking each provider’s website for the most up-to-date details.
Keeper (Password Manager & Digital Vault)
Overview: Keeper is a comprehensive password management solution that includes robust digital vault features, making it popular for both everyday security and legacy planning.
Key Features: Keeper offers a comprehensive digital vault system that extends well beyond password management. Their secure digital vault allows storage of sensitive documents, payment information, identity documents, and digital files using their proprietary KeeperFill technology. The platform includes a zero-knowledge security architecture, meaning only you can access your stored information—the company cannot access your vault even for recovery purposes.
The platform provides Emergency Access functionality that allows designated emergency contacts to access your vault after a specified waiting period, which you determine. This feature is particularly valuable for estate planning, as it creates a controlled mechanism for vault access in case of incapacitation or death.
Keeper’s Family Plan provides five private vaults plus a shared family vault, allowing family members to securely share certain information while maintaining privacy for personal accounts. The system includes secure record sharing that lets you selectively share specific records with trusted individuals without giving them access to your entire vault.
The platform offers strong security features including 256-bit AES encryption, two-factor authentication options, and biometric login support. Their Security Audit feature helps identify weak or reused passwords that could compromise security.
Digital Legacy Features: Keeper’s Emergency Access feature serves as their digital legacy mechanism. You can designate emergency contacts who can request access to your vault. Once requested, a waiting period begins (which you pre-configure), during which you can deny the request if it’s made in error. If the waiting period expires without denial, your contact receives access to your vault.
The platform allows granular permission settings, enabling you to specify exactly which vault items each emergency contact can access. This level of control helps protect private information while still ensuring important data is accessible.
Keeper maintains a detailed event log of all vault activities, providing transparency about who has accessed what information and when—an important feature for executors managing digital assets.
Access Mechanisms: Keeper provides web access, desktop applications for Windows, macOS, and Linux, and mobile apps for iOS and Android. This cross-platform functionality ensures access regardless of the devices your loved ones use.
The platform includes offline access capability, allowing authorized users to access vault contents even without an internet connection—an important consideration in emergency situations.
Cost Structure:
- Individual plan: Approximately $45/year
- Family plan: Approximately $95/year for 5 users
- Add-ons available for secure file storage
Australian Considerations: Keeper complies with global security standards and data protection regulations. Their zero-knowledge architecture means your data remains encrypted even if compelled to provide information under Australian law. The platform stores data in multiple secure locations globally to ensure availability and disaster recovery capabilities.
SafeWill Vault
Overview: An Australian-developed digital vault solution integrated with SafeWill’s broader estate planning services, focusing specifically on end-of-life planning needs.
Key Features: SafeWill Vault is designed specifically for estate planning purposes, focused on providing secure storage for important information your loved ones will need. The platform allows storage of important documents, passwords, account details, and instructions in a highly organized system structured around estate planning needs.
The vault integrates seamlessly with SafeWill’s other estate planning tools, including their online will platform. This integration creates a comprehensive approach to both traditional and digital assets. The system includes guided sections for different types of information, helping ensure you don’t overlook important details that executors might need.
SafeWill Vault provides secure document storage for important files such as property deeds, insurance policies, and financial statements. The platform includes a dedicated section for account credentials, allowing executors or family members to access important accounts when needed.
The system offers message recording features that allow you to leave personal messages or specific instructions for loved ones. These can provide important context or comfort during a difficult time.
Digital Legacy Features: SafeWill Vault is built around “trusted access” functionality where you designate specific individuals who can access your vault contents under specific circumstances. The platform offers a verification process to confirm identity before granting access to nominated individuals.
The system sends automated check-ins to confirm you’re still actively managing your account. If you don’t respond to these periodic check-ins, a pre-configured notification process begins to alert your designated contacts.
SafeWill’s structured approach guides users through creating comprehensive documentation for all relevant digital assets and accounts. This guided approach helps ensure nothing important is overlooked.
Access Mechanisms: SafeWill Vault provides web-based access through most major browsers and mobile access through dedicated iOS and Android applications. The platform offers two-factor authentication to secure access while ensuring legitimate users can still gain entry when needed.
The system includes clear instructions for nominated individuals explaining how to access the vault when the time comes—an important feature as many people are unfamiliar with these systems.
Cost Structure:
- Standalone vault: Approximately $60/year
- Discounted when bundled with SafeWill’s will creation service
- One-time payment options available
Australian Considerations: As an Australian-developed platform, SafeWill Vault is designed with specific consideration for Australian estate laws and digital property regulations. The platform complies with Australian data protection and privacy standards, with data stored within Australian jurisdiction. SafeWill has developed relationships with Australian financial institutions and service providers to help facilitate account access processes.
LastPass
Overview: A globally recognized password manager with robust digital vault features that has gained popularity in Australia.
Key Features: LastPass provides comprehensive password management with secure storage for digital files and information. The platform offers an intuitive vault organization system that allows categorization of different types of stored information including passwords, secure notes, payment information, and documents.
The platform includes form-filling capabilities that streamline online account management while maintaining security. Their Security Dashboard provides monitoring of password strength and potential security issues across all stored accounts.
LastPass offers secure note functionality for storing important information that doesn’t fit standard categories. These notes can include important account details, PINs, or instructions for handling specific assets. The system includes secure file storage for important documents like insurance policies, property deeds, and identification documents.
Digital Legacy Features: LastPass provides Emergency Access features that allow you to designate trusted individuals who can request access to your vault. The system includes a waiting period (configurable from immediate to 30 days) during which you can deny access if the request is made in error.
The platform allows you to share specific items with designated individuals without sharing your entire vault or master password. This selective sharing capability provides flexibility in how information is disclosed. LastPass maintains detailed access logs showing when emergency contacts have requested or been granted access—important for maintaining an audit trail.
The system enables vault sharing between family members through their Family plan, which provides individual vaults for up to 6 family members plus shared folders for common information.
Access Mechanisms: LastPass offers web browser access via extensions for all major browsers, desktop applications for Windows and macOS, and mobile apps for iOS and Android devices. The platform provides offline access capabilities, ensuring that authorized users can access vital information even without internet connectivity.
LastPass supports biometric authentication methods including fingerprint and facial recognition on compatible devices, balancing security with accessibility.
Cost Structure:
- Free tier with limited features
- Premium: Approximately $40/year
- Family plan: Approximately $50/year for 6 users
Australian Considerations: LastPass maintains compliance with global security standards and data protection regulations. While not Australian-based, the platform is widely used in Australia with good support availability. The company utilizes regional server architecture that helps ensure responsive performance for Australian users.
1Password
Overview: A highly-regarded password manager with strong security features and growing popularity in Australia.
Key Features: 1Password offers comprehensive password management with additional secure storage for sensitive documents and information. The platform utilizes a unique “Secret Key” approach that combines with your master password to create an encryption key that never leaves your device, enhancing security even in the event of a server breach.
The system provides “Watchtower” monitoring that alerts you to compromised websites, vulnerable passwords, and other security issues across your stored accounts. 1Password includes customizable categories and tags for organizing different types of information, making it easier for authorized users to find what they need.
The platform offers secure document storage for important files with up to 1GB of encrypted storage on their standard plans. The system provides secure sharing options that allow you to share specific passwords or documents with family members or trusted contacts.
Digital Legacy Features: 1Password offers emergency kit functionality—a printable document containing information needed to access your account, which you can store securely and share with trusted emergency contacts. The platform provides family account options that allow designated family organizers to help family members recover access if needed.
The system includes detailed access logs showing who has accessed shared items and when—important for maintaining oversight of sensitive information. 1Password provides a “Travel Mode” that can temporarily remove sensitive data from your devices while traveling, with restoration upon return—an interesting feature for protecting sensitive information during periods of vulnerability.
Access Mechanisms: 1Password offers desktop applications for Windows and macOS, mobile apps for iOS and Android, and browser extensions for all major web browsers. The platform provides command-line tools for technical users who prefer that interface for management and automation.
The system supports biometric authentication (fingerprint, facial recognition) on supported devices, balancing security with convenience. 1Password offers offline access capabilities, ensuring your information remains available even without internet connectivity.
Cost Structure:
- Individual account: Approximately $45/year
- Family account: Approximately $75/year for 5 users
- Additional users can be added to family accounts for an extra fee
Australian Considerations: 1Password complies with global security standards and data protection regulations. While headquartered in Canada, the service has strong adoption in Australia with responsive customer support. The platform offers Australian English language support and region-specific features.
Bitwarden
Overview: An open-source password manager gaining traction in Australia for its transparent security approach and competitive pricing.
Key Features: Bitwarden offers comprehensive password management with additional secure storage for sensitive information and documents. As an open-source platform, its code is publicly available for security review, providing transparency about its security implementations.
The platform provides “Vault Health Reports” that identify weak passwords, reused passwords, and compromised accounts across your digital footprint. Bitwarden includes customizable folders and collections for organizing different types of information logically.
The system offers secure note functionality for storing important information that doesn’t fit standard categories, such as safe combinations, alarm codes, or recovery phrases for cryptocurrency. The platform provides secure document storage for important files with attachment support for storing critical documents.
Digital Legacy Features: Bitwarden offers emergency access features allowing you to designate trusted contacts who can request access to your vault. The system includes configurable waiting periods before access is granted, during which you can deny the request if made in error.
The platform provides organization sharing features that allow secure sharing of specific credentials with family members or trusted individuals. Bitwarden maintains access logs showing when items have been accessed or modified, important for maintaining oversight.
The system offers robust export capabilities that can be used to create secure backups that could be accessed according to instructions in your estate plan.
Access Mechanisms: Bitwarden offers web vault access, desktop applications for Windows, macOS, and Linux, and mobile apps for iOS and Android. The platform provides browser extensions for all major web browsers, facilitating easy access within your regular browsing workflow.
The system supports offline access through their desktop and mobile applications, ensuring continued access to vital information even without internet connectivity. Bitwarden offers command-line tools for technical users who prefer that interface.
Cost Structure:
- Free tier with core features
- Premium: Approximately $15/year
- Family organization: Approximately $50/year for 6 users
- One of the most affordable comprehensive solutions
Australian Considerations: As an open-source platform, Bitwarden maintains transparency about its security practices. The platform complies with global security standards and offers Australian English language support. Bitwarden’s distributed architecture provides good performance for Australian users despite being headquartered overseas.
Dashlane
Overview: A feature-rich password manager with strong security credentials and digital legacy features.
Key Features: Dashlane offers comprehensive password management with additional features for secure document storage and personal information management. The platform provides real-time Dark Web monitoring that scans for leaked credentials associated with your email addresses.
The system includes VPN services on premium plans, adding an additional layer of online security and privacy. Dashlane offers customizable categories and secure notes for organizing different types of information.
The platform provides secure document storage for important files with 1GB of encrypted storage on premium plans. The system includes detailed security scoring that helps identify and address potential vulnerabilities across your accounts.
Digital Legacy Features: Dashlane offers emergency access features allowing you to designate trusted contacts who can request access to your vault. The system includes configurable waiting periods (from immediate to 60 days) before emergency access is granted.
The platform provides selective sharing capabilities, enabling you to share specific credentials or documents without sharing your entire vault. Dashlane maintains detailed access logs showing when and how your information has been accessed.
The system offers robust export functionality that can facilitate creating secure backups that could be accessed according to instructions in your estate plan.
Access Mechanisms: Dashlane offers web access, desktop applications for Windows and macOS, and mobile apps for iOS and Android. The platform provides browser extensions for all major web browsers, facilitating seamless integration with your online activities.
The system supports biometric authentication on compatible devices, balancing security with accessibility. Dashlane offers offline access through their desktop and mobile applications.
Cost Structure:
- Free tier with limited features
- Premium: Approximately $60/year
- Family plan: Approximately $90/year for 6 users
Australian Considerations: Dashlane complies with global security standards and data protection regulations. While not Australian-based, the platform offers good support for Australian users with responsive customer service. The platform utilizes distributed storage architecture that provides good performance for users in Australia.
Everplans
Overview: A dedicated digital legacy platform with comprehensive estate planning features and strong organizational tools.
Key Features: Everplans focuses specifically on end-of-life planning with a comprehensive approach to digital legacy management. The platform provides structured sections for all aspects of estate planning including digital assets, financial accounts, legal documents, and personal wishes.
The system includes guided setup processes that walk users through creating comprehensive documentation across multiple life areas. This structured approach helps ensure completeness and reduces the likelihood of overlooking important information. Everplans offers template-based documentation for common scenarios like funeral arrangements, healthcare directives, and pet care instructions.
The platform provides secure document storage for important files with organizational tools specific to estate planning needs. The system includes collaboration features that allow authorized individuals to contribute information to specific sections of your plan.
Digital Legacy Features: Everplans offers deputy access controls that allow you to designate individuals who can access specific sections of your plan. This granular approach provides control over who sees what information. The platform provides automated notification systems that can be triggered by specific events or timeframes.
The system offers detailed guidance for beneficiaries and executors explaining how to use the information stored in your plan. This guidance can simplify the estate administration process. Everplans maintains detailed access logs showing when and by whom information has been accessed or modified.
Access Mechanisms: Everplans offers web-based access through most major browsers with a mobile-responsive design. The platform provides two-factor authentication to secure access while ensuring legitimate users can still gain entry when needed.
The system includes printable document options for critical information that might be needed in offline scenarios. Everplans offers secure sharing mechanisms for providing access to designated individuals.
Cost Structure:
- Annual subscription: Approximately $85/year
- Family plans available with discounted additional accounts
- Some financial institutions offer complementary accounts to their clients
Australian Considerations: While headquartered in the US, Everplans is accessible to Australian users with content that can be customized for Australian contexts. The platform complies with global security standards but doesn’t offer Australia-specific features. Australian users should be aware that some terminology and document templates may reflect US practices rather than Australian ones.
Clocr (Cloud Locker)
Overview: A digital legacy platform with strong focus on both digital asset management and estate planning integration.
Key Features: Clocr provides a comprehensive digital legacy solution focused on secure information storage and controlled inheritance. The platform offers digital asset management tools specifically designed for estate planning purposes.
The system includes guided inventory tools that help identify and catalog digital assets across multiple categories. This systematic approach helps ensure completeness in your digital estate plan. Clocr provides secure document storage with advanced encryption for important files and information.
The platform offers multi-layer security with distributed encryption technology that divides and encrypts data across multiple locations. This approach enhances security by preventing any single point of compromise. The system includes customizable categories and tags for organizing different types of information according to your specific needs.
Digital Legacy Features: Clocr offers time-capsule features that allow you to create messages or share specific information that will be delivered to designated recipients at future dates or triggered by specific events. The platform provides designated heir protocols with configurable waiting periods and verification processes.
The system includes guided beneficiary instructions that explain exactly how to access and use the information you’ve stored. These clear instructions help reduce confusion during difficult times. Clocr maintains comprehensive access logs and audit trails showing all activity related to your account.
Access Mechanisms: Clocr offers web-based access with mobile-responsive design and dedicated mobile applications for iOS and Android. The platform provides multi-factor authentication options including biometric verification on compatible devices.
The system includes emergency access protocols designed specifically for time-sensitive situations. Clocr offers offline reference guides explaining how designated individuals can gain access when needed.
Cost Structure:
- Basic plan: Approximately $60/year
- Premium plan: Approximately $90/year
- Family plans available for multiple users
Australian Considerations: Clocr is available to Australian users with content that can be customized for Australian legal contexts. The platform complies with global security standards and data protection regulations. Australian users should be aware that some documentation may require adaptation to Australian legal terminology and requirements.
DigitalWill.com.au
Overview: An Australian-specific digital legacy platform designed with Australian estate laws and practices in mind.
Key Features: DigitalWill.com.au offers a digital estate planning solution specifically developed for Australian users. The platform provides comprehensive digital asset management with Australian-specific guidance and terminology.
The system includes Australian-focused document templates relevant to local estate planning practices. These templates help ensure your documentation aligns with local requirements. DigitalWill.com.au offers secure storage for important documents with categories specifically designed for Australian financial and legal systems.
The platform provides digital asset inventory tools that help identify and catalog online accounts and digital property. This systematic approach helps ensure completeness in your digital estate planning. The system includes Australian-specific guidance on digital asset laws and access rights relevant to local jurisdictions.
Digital Legacy Features: DigitalWill.com.au offers nominated access controls allowing you to designate specific individuals who can access your information under predetermined circumstances. The platform provides customizable notification triggers that can alert designated contacts based on specific events or timeframes.
The system includes detailed executor instructions specific to Australian estate administration processes. These tailored instructions help ensure compliance with local requirements. DigitalWill.com.au maintains comprehensive access logs showing when and by whom information has been accessed.
Access Mechanisms: DigitalWill.com.au offers web-based access through most major browsers with a mobile-friendly interface. The platform provides two-factor authentication options to balance security with accessibility.
The system includes printable emergency access information for situations where digital access might be challenging. DigitalWill.com.au offers guided access procedures for designated individuals that don’t assume technical expertise.
Cost Structure:
- Standard plan: Approximately $75/year
- Premium plan: Approximately $120/year
- Family plans available at discounted rates
- One-time payment options available
Australian Considerations: As an Australian-developed platform, DigitalWill.com.au is specifically designed for Australian legal contexts and estate planning practices. The platform complies with Australian privacy and data protection regulations with data stored within Australian jurisdiction. The service provides Australian-based customer support during local business hours.
Password Boss
Overview: A user-friendly password manager with growing digital legacy features and strong security credentials.
Key Features: Password Boss offers comprehensive password management with additional secure storage for sensitive documents and personal information. The platform provides an intuitive interface designed to be accessible for users with varying levels of technical expertise.
The system includes automatic password capture and form-filling capabilities that simplify online account management. These automation features reduce the administrative burden of maintaining your digital information. Password Boss offers secure digital wallet functionality for storing payment information, identity documents, and other sensitive data.
The platform provides secure document storage for important files with unlimited encrypted storage on premium plans. The system includes security dashboard features that identify weak or reused passwords across your accounts.
Digital Legacy Features: Password Boss offers emergency access functionality allowing you to designate trusted contacts who can request access to your vault. The system includes configurable waiting periods before emergency access is granted, during which you can deny the request if made in error.
The platform provides selective sharing capabilities that allow you to share specific credentials or information without sharing your entire vault. Password Boss maintains access logs showing when emergency contacts have requested or been granted access.
The system offers export capabilities that can facilitate creating secure backups that could be accessed according to instructions in your estate plan. The platform includes secure notes functionality that can be used to leave specific instructions for different accounts or assets.
Access Mechanisms: Password Boss offers web access, desktop applications for Windows and macOS, and mobile apps for iOS and Android. The platform provides browser extensions for all major web browsers, facilitating seamless integration with your online activities.
The system supports biometric authentication on compatible devices, balancing security with accessibility. Password Boss offers offline access capabilities through their desktop and mobile applications.
Cost Structure:
- Free tier with basic features
- Premium: Approximately $30/year
- Family plan: Approximately $50/year for 5 users
Australian Considerations: Password Boss complies with global security standards and data protection regulations. While not Australian-based, the platform offers good support for Australian users. The company’s distributed server architecture provides reliable performance for users in Australia.
NordPass
Overview: A security-focused password manager from the makers of NordVPN with emerging digital legacy features.
Key Features: NordPass offers comprehensive password management with additional secure storage capabilities for sensitive information. The platform provides a clean, intuitive interface that focuses on simplicity without sacrificing security features.
The system includes automatic password capturing and form-filling capabilities that streamline online account management. These automation features reduce the administrative burden of maintaining secure credentials. NordPass offers secure notes functionality for storing important information that doesn’t fit standard categories.
The platform provides data breach scanning that alerts you if your credentials appear in known security breaches. This proactive monitoring helps you address potential vulnerabilities before they’re exploited. The system includes password health assessment tools that identify weak, reused, or compromised passwords across your accounts.
Digital Legacy Features: NordPass offers emergency access features allowing you to designate trusted contacts who can request access to your vault. The system includes configurable waiting periods before emergency access is granted, during which you can deny the request if made in error.
The platform provides item sharing capabilities that allow you to share specific credentials or information with family members or trusted contacts. NordPass maintains access logs showing when emergency contacts have requested or been granted access.
The system offers robust data export capabilities that can facilitate creating secure backups that could be accessed according to instructions in your estate plan. The platform includes folders and organization tools that can help separate and categorize information for different purposes or beneficiaries.
Access Mechanisms: NordPass offers web access, desktop applications for Windows, macOS, and Linux, and mobile apps for iOS and Android. The platform provides browser extensions for all major web browsers, facilitating seamless integration with your online activities.
The system supports biometric authentication on compatible devices, balancing security with accessibility. NordPass offers offline access capabilities through their desktop and mobile applications.
Cost Structure:
- Free tier with basic features
- Premium: Approximately $35/year
- Family plan: Approximately $60/year for 6 users
Australian Considerations: NordPass complies with global security standards and data protection regulations. While not Australian-based, the platform offers responsive global support. The company’s security-first approach (as part of the broader Nord security ecosystem) provides strong protection regardless of geographic location.
LegacyShield
Overview: A comprehensive legacy planning platform with strong focus on both digital and traditional assets.
Key Features: LegacyShield offers a complete legacy planning solution that bridges digital and traditional estate planning. The platform provides comprehensive asset inventory tools for documenting both financial and digital assets in one unified system.
The system includes document storage capabilities for important legal, financial, and personal documents. This centralized approach simplifies access for authorized individuals. LegacyShield offers financial account aggregation that can provide a real-time view of accounts and balances.
The platform provides guided setup processes that walk users through creating comprehensive documentation across multiple life areas. This structured approach helps ensure completeness. The system includes collaborative planning tools that allow you to work with professional advisors securely through the platform.
Digital Legacy Features: LegacyShield offers ShieldMyLegacy™ transfer technology that controls when and how your information is shared with designated individuals. The platform provides multi-level permission settings allowing you to specify exactly what information each contact can access.
The system includes time-release features that can automatically share specific information at predetermined times or triggered by specific events. LegacyShield maintains comprehensive access logs showing when and by whom information has been accessed.
The platform offers guided beneficiary instructions that explain exactly how to use the information you’ve stored. These clear instructions help reduce confusion during difficult times. The system includes message recording features for leaving personal messages or specific instructions for loved ones.
Access Mechanisms: LegacyShield offers web-based access through most major browsers with a mobile-responsive design. The platform provides two-factor authentication to secure access while ensuring legitimate users can still gain entry when needed.
The system includes guided access procedures for designated individuals that don’t assume technical expertise. LegacyShield offers professional advisor integration that allows secure collaboration with financial advisors, lawyers, and other professionals.
Cost Structure:
- Basic plan: Approximately $80/year
- Premium plan: Approximately $120/year
- Family plans available at discounted rates
- Some financial institutions offer complementary accounts to their clients
Australian Considerations: While headquartered in the US, LegacyShield is accessible to Australian users. The platform complies with global security standards but doesn’t offer Australia-specific features. Australian users should be aware that some documentation may require adaptation to Australian legal terminology and requirements.
Key Considerations When Choosing a Digital Vault
When selecting a digital vault solution for your estate planning needs, consider the following factors to find the best fit for your specific situation:
Security vs. Accessibility Balance
The primary purpose of a digital vault is to keep your information secure while ensuring it remains accessible to the right people at the right time. Different platforms balance these competing needs differently:
- High security platforms like Keeper and 1Password emphasize robust protection with features like zero-knowledge architecture and Secret Keys. These provide excellent protection but may create more complexity for less technical beneficiaries.
- Accessibility-focused platforms like SafeWill Vault and DigitalWill.com.au prioritize clear access mechanisms and guided instructions. These may sacrifice some advanced security features but can be easier for beneficiaries to navigate.
Consider your beneficiaries’ technical comfort level when making your selection. The most secure vault becomes useless if your loved ones cannot access it when needed.
Integration with Your Overall Estate Plan
Digital vaults should complement your broader estate planning strategy:
- Will integration: Some platforms like SafeWill Vault directly integrate with will creation services, creating a more cohesive approach.
- Professional advisor collaboration: Solutions like LegacyShield offer features for working with financial advisors, lawyers, and executors.
- Document centralization: Consider whether you want your digital vault to serve as the central repository for all important documents or just digital credentials.
The best solution aligns with your existing estate plan and fills gaps rather than creating redundancy or confusion.
Cost Structure and Value Assessment
Digital vault solutions range from free basic services to comprehensive platforms costing over $100 annually:
- Free and low-cost options like Bitwarden provide core functionality but may lack estate-specific features or comprehensive support.
- Mid-range solutions like LastPass and NordPass balance cost with functionality and tend to focus primarily on credential management with additional legacy features.
- Premium comprehensive platforms like Everplans and LegacyShield provide specialized estate planning tools and guidance but at higher price points.
Consider the value proposition relative to your needs rather than simply choosing the least expensive option. The right solution may justify a higher cost through time savings, stress reduction for your loved ones, and comprehensiveness.
Australian-Specific Considerations
For Australian users, several additional factors warrant consideration:
- Legal alignment: Platforms like DigitalWill.com.au and SafeWill Vault are designed specifically for Australian legal frameworks and terminology.
- Data sovereignty: Some users may prefer platforms that store data within Australian jurisdiction for privacy or access reasons.
- Support availability: Consider whether the platform offers support during Australian business hours and whether that matters to your situation.
While international platforms can certainly work well for Australians, these local considerations may simplify the process and provide additional peace of mind.
Implementation Best Practices
Selecting a digital vault is only the first step. The following practices will help ensure your digital vault effectively serves its intended purpose:
Comprehensive Documentation
Take time to thoroughly document your digital footprint:
- Account inventory: Create a complete inventory of online accounts, including financial, social media, subscription services, and email accounts.
- Digital asset identification: Document digital assets with financial or sentimental value, including cryptocurrency, digital media, intellectual property, and online businesses.
- Access information: Record usernames, password hints (never store actual passwords in documentation outside the vault), security question answers, and two-factor authentication recovery methods.
- Contact information: Include contact details for customer service departments of important services, which can help executors navigate account access procedures.
Regular updates are essential as your digital footprint evolves. Most platforms offer reminder systems to encourage periodic reviews of your stored information.
Clear Instructions for Beneficiaries
Provide detailed guidance for those who will need to access your digital vault:
- Access procedures: Clearly explain how designated individuals can gain access to your vault when needed, including any waiting periods or verification steps.
- Priority actions: Identify which accounts or assets require immediate attention versus those that can wait.
- Account-specific instructions: Include notes about how each important account or asset should be handled, including any specific wishes regarding social media accounts or digital memories.
- Technical guidance: Provide step-by-step instructions appropriate to the technical comfort level of your intended beneficiaries.
Remember that your loved ones will likely be navigating these systems during a difficult emotional time. Clarity and simplicity are essential.
Security Best Practices
Maintain strong security while ensuring legitimate access remains possible:
- Master password security: Create a strong, memorable master password and store recovery information securely according to the platform’s recommendations.
- Emergency access testing: Periodically test emergency access procedures with your designated contacts to ensure they understand the process.
- Multiple access methods: Consider providing more than one way for beneficiaries to access critical information in case one method fails.
- Physical backup: For critical information, consider maintaining a secure physical backup stored with your other estate planning documents or with a trusted professional.
The most secure digital vault becomes worthless if it’s inaccessible when needed, so balance security with practical accessibility.
Legal Framework for Digital Assets in Australia
Understanding the legal context surrounding digital assets in Australia can help inform your digital estate planning approach:
Current Legal Landscape
The legal framework governing digital assets in Australia continues to evolve:
- Traditional estate law application: Existing estate laws apply to digital assets but often imperfectly due to the unique nature of digital property and account access restrictions.
- Terms of service prevalence: Most digital service providers are governed by their terms of service agreements, which frequently take precedence over estate instructions unless specific provisions exist.
- Uniform approach development: Legal reforms are under consideration to create more consistent approaches to digital asset inheritance, but progress varies across jurisdictions.
While awaiting more comprehensive legislation, a well-documented digital estate plan remains your best strategy for ensuring your wishes are followed.
Account Access Authorization
Three key legal authorities may enable legitimate access to digital accounts after death or incapacitation:
- Executor authority: Executors have broad powers to administer estates, but these powers may be limited by service providers’ terms of service regarding account access.
- Power of attorney: While active, enduring powers of attorney may provide authority to access digital accounts, though many services don’t explicitly recognize these documents.
- Explicit account provisions: Some services offer legacy contact or inactive account manager features that provide formal mechanisms for authorized access.
A comprehensive approach typically involves documenting your wishes clearly while working within the access frameworks provided by each service.
Privacy Considerations
Digital estate planning involves navigating important privacy boundaries:
- Personal privacy: Consider which aspects of your digital life you wish to remain private even after death and document these wishes clearly.
- Privacy legislation: Australian privacy laws continue to apply after death in many contexts, which can create complexities for executors seeking access to personal information.
- Authorized access documentation: Clearly documenting your consent for specific individuals to access particular accounts can help overcome privacy-based access restrictions.
Balancing privacy with practical access needs requires thoughtful consideration of what information should be accessible to whom and under what circumstances.
Conclusion and Recommendations
Digital vaults represent an important evolution in estate planning, addressing the growing significance of our digital lives. By securely storing access information and instructions for digital assets, these platforms help ensure that important accounts and information remain accessible to authorized individuals when needed.
Finding Your Best Fit
The ideal digital vault solution depends on your specific needs and priorities:
- For comprehensive Australian estate planning: SafeWill Vault or DigitalWill.com.au offer Australian-specific features and legal alignment.
- For security-focused users: Keeper, 1Password, or NordPass provide robust security architectures with emergency access features.
- For budget-conscious users: Bitwarden offers excellent core functionality at very competitive prices.
- For technological simplicity: Password Boss or SafeWill Vault prioritize user-friendly interfaces and clear instructions.
- For comprehensive legacy planning: Everplans, Clocr, or LegacyShield provide broader end-of-life planning tools beyond just digital asset management.
Many users find that a combination approach works best—using a robust password manager for day-to-day credential management while maintaining a separate digital legacy platform for estate-specific planning and document storage.
Beyond Technology: The Human Element
While digital vaults provide essential technical infrastructure, effective digital estate planning also requires important human conversations:
- Designated contact preparation: Ensure your designated emergency contacts understand their role, how to access your information when needed, and your wishes regarding different accounts.
- Family awareness: Make sure family members know that you have a digital vault and who has been designated to access it if needed.
- Professional advisor integration: Consider involving your estate planning attorney or financial advisor in your digital estate planning to ensure alignment with your overall estate plan.
These human connections and conversations ultimately determine whether your carefully stored digital information will be properly utilized when needed.
By thoughtfully selecting and implementing a digital vault solution that aligns with your needs and circumstances, you can help ensure that your digital legacy is managed according to your wishes while reducing stress and confusion for your loved ones during an already difficult time.
Additional Resources
For further information on digital estate planning in Australia, consider exploring these resources:
- Office of the Australian Information Commissioner: www.oaic.gov.au
- Australian Digital Inclusion Index: www.digitalinclusionindex.org.au
- Digital Legacy Association of Australia: www.digitallegacy.org.au
- State Trustees Digital Assets Guide: www.statetrustees.com.au/digital-assets
- eSafety Commissioner’s eSafety Guide: www.esafety.gov.au/key-issues/esafety-guide
Remember that digital estate planning is an evolving field, and staying informed about new developments and best practices can help ensure your plan remains effective and up-to-date.