News: Capacity Vault wins at the British Wills & Probate Awards 2024
Capacity Vault Wins “Best Use of Technology” at the British Wills & Probate Awards 2024
We are thrilled to announce that Capacity Vault has been awarded the prestigious “Best Use of Technology” at the British Wills & Probate Awards 2024! This recognition highlights our commitment to revolutionising the service estate planners serve elderly and vulnerable clients. Our technology has made waves in the legal estate planning world. Scroll down to look at what made this win possible.
Solving a Critical Problem
At Capacity Vault, we saw a pressing need to modernize how mental capacity assessments are conducted. With an aging population and over 1.6 million people in the UK living with dementia by 2030, the traditional capacity assessment process—often expensive, inaccessible, and inconvenient—was no longer sustainable. Capacity Vault’s digital platform offers a solution that is affordable, accessible, and highly secure, empowering legal professionals and their clients alike.
A Technology-Driven Solution
Our innovative platform provides a digital snapshot of mental capacity that is securely stored until needed. Clients can record a short, user-friendly video call that captures vital evidence of their capacity. This technology offers 24/7/365 access, enabling assessments even during off-hours, making it far more convenient than traditional in-person assessments that can cost upwards of £2,000.
By making an analysis of our snapshot available for as little as £50, Capacity Vault has democratized access to capacity assessors, ensuring that more individuals can safeguard their important decisions—whether it be a will, a lasting power of attorney, or other legal matters.
Security and Scalability
At the heart of Capacity Vault’s platform is cutting-edge encryption technology, including anti-deepfake features and SHA3 encryption algorithms. These features guarantee the security and integrity of every assessment, offering peace of mind to users and professionals alike. In addition to its robust security, Capacity Vault is designed to scale, addressing both national and global needs in legal, financial, and medical services.
Widespread Adoption and Praise
One of the key reasons for Capacity Vault’s success is the widespread adoption by law firms and will writers across the UK. Professionals have praised the platform for its ease of use and the security it offers. For example, one user noted, “My clients are impressed by how easy the service and website is to use,” a testament to our focus on creating a seamless and intuitive experience for users.
The Road Ahead
Winning the “Best Use of Technology” award has validated our approach in a traditionally conservative industry. As we grow, we remain focused on our mission: to provide an accessible, affordable, and secure solution for mental and testamentary capacity concerns that protect the legal and financial decisions of vulnerable individuals.
Thank You!
This award is a testament to the hard work of our team and the trust our clients have placed in us. We are immensely proud of this achievement and look forward to continuing our journey of innovation and service.
Try Capacity Vault today and sign up as one of our legal service providers or as a non-lawyer! Visit https://capacityvault.co.uk/for-professionals and follow the link to subscribe.