Each year, we published a review of the estate planning technology landscape. Our blog was designed not as a promotion but a reference for professionals when looking for technology available that services the estate planning industry. It is always important to keep up with latest software options in estate planning.
One of the most difficult challenges in Estate Planning is the handling the transfer of firearms. While tangible assets in general create their own challenges, passing along firearms comes with its own challenges. Guns are one of the most regulated items in our country. Contrary to popular belief, guns have very strict federal and local regulations. Here are some practice tip to consider when handling firearms within an estate plan.
In an effort to provide advisors with more tools and services for their practice, Yourefolio™ and Inter Vivos PLLC are partnering to connect estate planning attorneys with financial advisors for easier collaboration amongst professionals.
Yourefolio™, the leader in estate and legacy planning software for financial professionals is now able to offer a direct connection to estate planning attorneys in every state in the U.S. through Inter Vivos.
When most people think of estate planning, visions of older individuals reviewing or establishing their end-of-life affairs come to mind. And while this service is necessary for older individuals, the truth is young people need it just as much. There are many reasons why people of any age should get an estate plan.
During our lifetime we will make many choices, face many obstacles and live many adventures that will shape and define who we are. Like most people, you may want to convey to your loved ones how those choices, obstacles and adventures have shaped, taught and molded you throughout your lifetime. Creating an Ethical Will can ensure that your legacy will live on through your loved ones.
Technology is ever-present in our lives, giving us a digital space to maintain our personal information, banking, login credentials, photos, and more. Security is essential but comes at disadvantage when you pass or become incapacitated, and you have not planned ahead. There has never been a more important time to ensure your data and digital assets are not only secure, but that the right steps have been taken to protect your valued information when you are no longer able to.
The old adage, “a picture is worth a thousand words” is a powerful message when it comes to estate planning. You do not need to look far to support the theory that images are processed faster and more effectively than text and numbers. A study by Thermoplyae showed that 90% of data transmitted to the brain is visual. The study also found that the human brain processes images 60,000 times faster than text. But how exactly are Estate Planning Visuals more effective than the tried-and-true documents in binders? Here are a few reasons why:
Yourefolio™, the leader in estate and legacy planning software, has partnered with Brentmark, Inc. to provide advanced planning calculations through the Yourefolio™ platform. Brentmark, Inc. the leader in advanced planning calculations for estate, retirement, and charitable planning, provides tools for highly accurate calculations, visual reports, and a solid understanding of many tax decisions that High Net Worth clients face when planning for the transfer of their estate.
