Yellow provides an online platform for creating legally valid wills, utilizing encryption technology to ensure data privacy and security. The service addresses the issue of unclaimed assets in India by enabling individuals to clearly communicate their asset distribution plans to their families, thereby reducing the potential for legal disputes and delays.
Funding
Funding not disclosed
Founders
Product
Problem
Many Indians lack clear estate planning, leading to unclaimed assets and potential legal disputes among family members. Existing will-making processes can be complex, costly, and inaccessible, particularly for those without legal expertise. This results in families being unaware of assets or facing difficulties in asset transfer after the death of a loved one.
Solution
Yellow provides a digital platform designed to simplify and streamline the creation of legally valid wills and comprehensive estate plans. The platform offers guided modules and access to legal experts, making the process quick, easy, and stress-free. Yellow helps users consolidate asset information in one place and securely communicate their wishes to family members. It also offers services such as will registration, proofreading, legal consultation, and post-demise asset recovery assistance. By leveraging technology and legal expertise, Yellow aims to provide an affordable and accessible solution for all Indians to protect and preserve their legacies.
Target Audience
Yellow primarily targets Indian individuals and families who want a simple, secure, and affordable way to create wills and manage their estate planning, including senior citizens and those seeking assistance with post-demise asset transfer.
Features
- Guided modules for creating legally valid wills online
- Secure platform with SSL and AES 256-bit encryption to protect user data
- Access to legal experts for consultation and support
- Optional will registration services
- Post-demise asset recovery and transfer assistance for families
- Support for creating family trusts, power of attorney, and gift deeds
- Mobile app and website access for convenient will creation
- Integration with Yellow Smart for streamlined asset transfer