Privacy Policy

Data Controller

Verafi Solutions Ltd

Data Register No

ZB775434  

Collected Personal Data 

Oak House, Reeds Crescent, Watford, WD24 4PH

Purpose of collecting data

1. Verification of Wills:

• Locating a Will: The platform can gather data to help users find existing wills. This could include checking databases of registered wills, probate records, and solicitor records.
• Validating Authenticity: Data on probate court records, will registration systems, and legal documents can be used to verify the authenticity of a will and ensure it’s legally binding.

2. Asset Identification:

• Tracking Financial Assets: Data collection can focus on financial records such as bank accounts, investments, pensions, insurance policies, and other assets that the deceased may have left behind.
• Property Ownership: Real estate records, property deeds, and land registry data can help in identifying owned properties.
• Other Assets: Data on vehicles, intellectual property, business ownership, and other valuables can help in asset identification.

3. Heir and Beneficiary Tracking:

• Family Relationships: Data from birth certificates, marriage records, and genealogy sources can help verify family members and beneficiaries.
• Contact Information: Collecting up-to-date contact information for beneficiaries ensures proper communication.

4. Debt and Liability Discovery:

• Credit Records: Data from credit reporting agencies can reveal outstanding debts or loans.
• Legal Liabilities: Court judgments, liens, and tax records can help identify any outstanding legal or financial liabilities tied to the estate.

5. Fraud Prevention and Security:

• Avoiding Fraudulent Claims: Data collection can help flag potential fraudulent activity, such as falsified wills or claims to assets by unqualified parties.
• Identifying Conflicts of Interest: Information on involved parties can help detect conflicts or disputes that may affect the estate’s handling.

6. Legal and Compliance Requirements:

• Regulatory Compliance: The platform can use data to ensure compliance with legal frameworks such as probate laws, inheritance taxes, and other legal obligations regarding wills and asset distribution.
• Data Security: Collecting data in a secure manner ensures the privacy of individuals and prevents misuse of sensitive information.

7. Efficient Probate Process:

• Automation of Processes: Data on estate and probate laws, asset types, and standard procedures can streamline and automate processes, reducing the need for manual intervention and speeding up estate settlements.
• Case Management: Data collected on cases and estates can help manage the progress of asset distribution, making it easier to track where each case is in the probate process.

By collecting comprehensive data, the platform enhances its ability to locate wills, identify assets, prevent fraud, and ensure that legal and beneficiary processes are handled smoothly and securely.