Technology

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:

WESTLAKE, OHIO (PRWEB) DECEMBER 04, 2018

InterActive Legal’s best in class document drafting solution and Yourefolio’s comprehensive estate and legacy planning platform are fully integrated. The integration is now available to estate planning attorneys utilizing InterActive Legal’s document drafting system.

For many advisors, estate planning is a bit of a dirty word. Not that it isn’t necessary, it just isn’t really their responsibility.

If you haven’t read about it by now, artificial intelligence, otherwise known as AI is drawing attention everywhere.  According to tech emergence, more than 173 startups using AI as a central part of their product or service raised a record $1.3B in funding during 2016.  Research from Ball State University found that half of American jobs are at risk for automation and one-quarter could be offshored in the coming years.

In our series of marketing tips from Yourefolio, we hope to assist with some of the challenges in implementing new technology into your practice and making the most of your investment.  We will use this opportunity to provide you with success stories and suggestions to grow your business and work at providing the best client experience through technology.  As always, thank you for your continued support at Yourefolio.

Believe in the software

In an era of technology, it is essential to keep up on the latest software options available to professional estate planners. Since estate planning is a specialty in many professions, it is imperative to first understand what software platform best serves you current needs and what could enhance your practice moving forward.