With social media, electronic banking and online investing, our lives are becoming increasingly digital. Important documents containing crucial information, such as financial statements and tax receipts, are being stored in on-line databases, creating elements of a virtual estate. With this in mind, technology is playing a bigger and bigger role in estate planning.
Richard found himself in a situation where he wanted to get his hands dirty by starting again from the ground up. He and his two co-founders then created Figure 1, a medical application for smartphones which allows doctors to share photos. I spoke to Richard about his journey from salary man to start up co-founder.