Message from the CEO
On behalf of Family Archival Solutions, Inc., I would like to thank you for allowing us the opportunity to help protect you and your family. It is our mission to protect your most important documents, assets, legacy and wishes and we do that in a variety of ways designed solely to help you achieve your goals.
We help families and professionals plan, prepare and administer personal affairs. Despite its advances, modern technology has in many ways made planning more difficult for families with online accounts, electronic relationships, passwords and other obstructions standing in the way of the information needed by families in managing their affairs and the affairs of their loved ones. Personal account online photo storage, digital videos and other essential valuables compound the challenge of collecting and passing along the family legacy. The process of protecting our the family was never easy and there has been quite a bit that has needed fixing - and now there’s even more.
The Problem
We cannot overstate the number of difficulties that families face in times of crisis. We all know that the inter-family dynamic is complex. Add to that the challenges of lost or missing information. The statistics are very telling:
- Over 55% of U.S. adults will die without a basic estate plan
- Wills and estates are routinely challenged in court, typically by family members
- Over $4.5 billion in life insurance is lost and/or unclaimed annually
- $4.9 billion in other unclaimed assets are turned over to the government annually with only $1.7 billion in assets reclaimed
- Countless wills will be lost, damaged or left unclaimed.
It is rare to find a family that has not been affected by one or more of these issues. Our mission is to fix this.
Our Solution
Our service has been designed to ensure that risks of confusion, delay, bias, conflict and misconduct are minimized, helping you to protect your most precious dreams and wishes. We seek to harness technology and channel its power to work in the family’s favor. Our goal is to provide the family with the most secure and reliable platform supported by world-class storage, and a system designed entirely around privacy and protection of assets. We avoid the all-too-common “cloud” storage structure of simple data management. Instead, our goal is to provide information in a usable and meaningful way. We know exactly what information is necessary; and we handle that information in a manner designed to minimize risk of fraud, identity theft and misconduct.
On a Personal Note…
On a personal note, through my two decades of practicing law I have seen countless families face these difficulties. Equally telling is that my family has experienced these nightmare issues as well. My father was an educated and sophisticated man, honest and decent, and despite his planning we struggled to find assets, documents which were hidden in password protected and encrypted Quicken files, faced challenges from within the family and were left without contact information, knowledge of personal/cloud accounts and so forth.
As a family, we could have dealt with his affairs so much more quickly and efficiently if we’d had access to the details of his affairs and known all of his special wishes, and we could have spent valuable time simply embracing his memory - and each other!
I now know that when I pass, my family will have the benefit of this service and most of all, the opportunity to share memories and time together in remembrance and celebration of our time together. To me, this is the most important legacy I can leave.
Thank you once again for your trust and confidence.
Mark Nicholas
Chief Executive Officer