As we close out 2024, we’re excited to share the latest product innovations for advisors to leverage in the coming year oversee their clients’ estate plan creation and management. These new releases—from major AI enhancements to increased collaboration functions—are designed to enable advisors to streamline the estate planning process to optimize for efficiency to drive client satisfaction.

Generate easy-to-read summaries with Ester®, including expansion to support Irrevocable Trusts

We recently announced the ability to generate Executive Summaries with Ester, our AI assistant. The Executive Summary is available to be used for new document types, including Grantor Retained Annuity Trusts (GRATs), Irrevocable Life Insurance Trusts (ILITs) and Spousal Lifetime Access Trusts (SLATs).

This advancement with Ester is a game-changer for advisors, synthesizing even the most complex documents to transform provisions to be comprehensible, offering deeper insights,and feeding into automatically generated visualizations to be included in reporting.

You can read more about this release, and the completely redesigned Ester Visualizer Report, here.

Collaborate with the Task Center: Create tasks, add assignees & email notifications

Keep client goals on track with the latest enhancements we’ve made to your Task Center. Easily manage tasks like client onboarding, document creation and reviews by assigning responsibilities to team members and setting up notifications to stay updated on their progress. With a clear task roadmap and automatic email alerts, you’ll ensure that clients’ estate plans and deliverables stay on track.

These enhancements include the ability to:

• Create tasks for individual clients.
• Write a title for each individual task.
• Assign multiple task owners.
• Assign multiple “watchers” or people that want to be kept in the loop on progress.
• Assign a priority level for each task.
• Toggle email notifications on or off for each task.

Improved client onboarding experience

We’ve made changes to the onboarding experience for clients to help them navigate their estate planning journey with greater confidence, taking their goals and unique circumstances into consideration.

We’ve streamlined the document recommendation and selection process by making updates to our intake quiz. Clients can also now select the documents they would like to draft based best on their best match and preferences.

This enhanced experience includes:

• Simplified questions: We’ve redesigned the question format to more efficiently identify clients estate planning needs based on their personal circumstances.
• Confirm document recommendation: After clients complete their intake questionnaire, they have the ability to review their document recommendation alongside other options and confirm their pre-selected match or make a change.
• Improved FAQ & educational materials: Clients can access updated educational material throughout the onboarding experience to understand how their circumstances impacted their estate planning document recommendation and to view answers to frequently asked questions about the estate planning process, including the difference between a Revocable Trust and Last Will & Testament.

Easily copy client invitation links

We’ve made it even easier for advisors to guide clients through their estate planning journey. Advisors can now copy unique invitation links directly from the Advisor Portal and share them wherever it’s most convenient—whether in emails, checklists or client communications.

Ready to explore these new features and more? Book a demo now to see how Wealth.com can transform your estate planning process for 2025 and beyond.

At wealth.com, we pride ourselves on moving quickly and listening to our partners to build impactful solutions that allow them to be integral to their clients’ estate planning process.

We’re thrilled to share an update from the month of October of new features and functionality to provide our advisors with the most comprehensive estate planning solution.

Expand legacy planning conversations leveraging the Entity Structure Flowchart

New to the Family Office Suite™: The Entity Structure Chart is automatically generated to show advisors an overview of their client’s entity holdings and the current ownership structure.

For clients who own entities, they often make up a significant part of their wealth and are an important component of legacy planning conversations. This new visualization is intended to equip advisors with the ability to identify opportunities for better succession planning and to help clients achieve tax efficiency as part of discussing their estate plan.

Easily populate client balance sheets via spreadsheet upload & mass assign ownership

While you’re able to import asset data from our ever-expanding integration list, we’ve introduced the ability to upload a spreadsheet of assets to populate your client’s balance sheet. This provides more control for advisors to create a comprehensive view of clients’ financial picture.

In addition to importing assets to set up your client’s balance sheets, you’re able to upload additional files to continue to add information as their portfolio expands over time.

Once assets are created from the spreadsheet upload, you’re also able to bulk assign ownership information to create an even more efficient process.

New Integrations: Addepar & Orion

Our ever-expanding integration list creates a frictionless experience for our partner firms. We’re excited to announce the launch of two new integrations with Addepar and Orion. These integrations allow you to sync client asset data to wealth.com to dynamically feed into clients’ estate plans, including visual reports, estate tax analysis and asset flow projections.

Improved client onboarding experience, reorder report slides, save international addresses and more

Additional updates this month address common requests we’ve received from partners:

• Financial Power of Attorney: Clients are now able to designate agents that live outside of the U.S. in their Financial Power of Attorney.
• Simplified onboarding experience: When new clients go through the onboarding workflow, they are now able to confirm their recommended primary document or can elect to choose another. The recommended primary document for them to draft includes explanations for their match alongside answers to frequently asked questions.
• Reorder slides in Report Builder: We’ve added another layer of customization to provide personalized reports for clients and collaborators! For those with the Family Office SuiteTM, you are now able to rearrange the order of slides to include before downloading the report.
• Remove clients in the “Not Invited” status: For clients that remain “Not Invited” in your Dashboard, you can now easily remove them providing better housekeeping.

In case you missed it, our big news this month was that we have secured a $30 million Series A funding, led by GV (Google Ventures). This funding will allow us to invest into our people and product, ensuring that we continue to deliver features that truly revolutionize estate planning while supporting the entire advisor community.

We also released some exciting new features for both our core product as well as Family Office Suite™ including enhancements to Ester™, our AI extraction tool and a redesigned Report Builder.

Automatic contact card creation with Extractor by Ester™

Ester™, our AI legal assistant, allows you to upload existing client estate plans to get the key details of clients existing documents in minutes, saving you hours of manual review. Now, we’re introducing even more automation to save you time by automatically creating contact cards for key individuals identified in those documents, including trustees, executors, guardians and more.

For clients that plan to update their estate plans using wealth.com, these contact cards are accessible during their drafting workflow.

For advisors that have Family Office Suite™, the contacts created alongside the confirmed details of the client’s document will be pre-filled into Trust and Will Cards to instantaneously feed the information into visualizations accessible for reporting.

Redesigned visualizations and new educational slides in Report Builder

Our Family Office Suite™ gives advisors access to our suite of tools intended to visualize and uncover strategic planning opportunities for their clients with complex estates. The final deliverable comes together from the Report Builder, which allows you to build a personalized report to deliver to clients that details the estate, how assets will flow and potential strategies for reducing taxes.

Our reports now have a new, sleek look that provides a simpler aesthetic for clients to understand all aspects of their estate plans—without sacrificing quality. This redesign provides you an even better way to engage with their clients and to have productive conversations about their estates.

We’ve also introduced new educational slides that detail specific types of Irrevocable Trusts, including Grantor Retained Annuity Trusts (GRATs), Spousal Lifetime Access Trusts (SLATs), Qualified Personal Residence Trusts (QPRTs), Irrevocable Life Insurance Trusts (ILITs) and more.

These slides are intended to help you to provide subject-matter expertise directly to your clients to have more meaningful discussions with them about how these types of trusts are set up, their benefits, tax considerations and potential risks.

>New Integrations with Charles Schwab

Our goal is to provide you with a seamless experience in our platform to drive scale and efficiency for your practice. That’s why we’re excited to announce that you are now able to pull asset and account information directly from Schwab.You can automatically set up your client’s balance sheets and rely on the most up-to-date details of their finances to streamline your planning process with them.

Document Enhancements: Updated Financial Power of Attorney documents

We continuously optimize our document creation offering to ensure that all of the documents available on our platform reflect any changes in federal or state legislation. We do this by partnering with local counsel in all 51 U.S. jurisdictions.

In partnership with local counsel in a number of states, including Arizona, Florida, Georgia, Ohio and Texas, we updated our Financial Power of Attorney documents.

We take pride in collaborating closely with our advisor partners and their clients to offer tools for creating, visualizing and managing estate plans effectively over time. Your feedback is invaluable to us, so please don’t hesitate to share your thoughts with us by emailing us at [email protected].

We can’t believe we’re more than halfway through 2024! It’s been a busy summer so far, and we’re excited to share the latest updates with you.

Introducing the Task Center to Elevate Oversight of Your Client’s Estate Planning Journey

You asked and we listened. We’re pleased to announce the Task Center to enhance collaboration and streamline estate planning oversight for advisors. Accessed through the Advisor Dashboard, advisors are able to add items—or tasks—for each of their clients to better track the progress of what’s done and what’s still outstanding.

Advisors can add tasks for each client to create a clear roadmap of what needs to be done, including tasks they need to complete themselves, as well as what their client needs to complete. For example, a task named “Onboarding Meeting” can be added to remind them to set a time with their client to walk through how to use wealth.com. They can also add a task to “Save documents to Vault” to remind their clients to upload their signed documents and other files that are essential for estate settlement, such as partnership certificates and stock agreements. Once complete, check the task off your list and it will be moved to the “Completed” row below.

Document Update: Name Contingent & Ultimate Beneficiaries

Members are now able to name an alternate (or “contingent”) beneficiary to receive a share of their residuary estate or a specific gift in the event that the primary beneficiary they have named predeceases them, or if the beneficiary is a charity and no longer exists or has lost its charitable status from the IRS. Members also now have the option to name ultimate beneficiaries, which is more of a “catch-all” beneficiary who can take any assets (not just a specific share or gift) if that asset cannot be distributed.

How do contingent and ultimate beneficiaries work? In a typical plan, a contingent beneficiary might be a grandchild who was born to a specific child and who can only receive up to the share that the child could have received, whereas an ultimate beneficiary might be a charity who could receive any number of your assets in the event that none of your descendants survive (also known as a “disaster” clause).

These updates are available to members in their Joint Revocable Trust, Individual Revocable Trust, and Last Will & Testament document creation workflows.

In Case You Missed It: Family Office Suite™ & New Legal Hire

You’ve likely heard that we have released our Family Office Suite™ earlier this month, a collection of new and existing features to streamline estate management for highly complex estates.

If you haven’t, or would like to learn more, you can join our upcoming webinar on August 6 at 1pm PT | 4pm ET where we’ll be diving deep into the features.

We also announced our latest hire, David Haughton, who joined as our senior corporate counsel. Haughton comes from Commonwealth Financial Network where he was responsible for providing estate, trust, charitable, education, business and social security planning support to the firm’s affiliated advisors. Prior to that, he was in private practice as an attorney.

He has a passion for estate planning and will be instrumental in the development of our products, ensuring the high quality that our advisors expect.

We take pride in collaborating closely with our advisor partners and their clients to offer tools for creating, visualizing, and managing estate plans effectively over time. Your feedback is invaluable to us, so please don’t hesitate to share your thoughts by emailing us at [email protected].

Can you believe 2024 is nearly halfway there? Us neither. But with another passing, we have another batch of product news and updates we’re thrilled to share. Check them out below.

Have any questions or feedback? Reach out at [email protected]

See the Impact of State Estate Taxes on a Client’s Estate

Advisors can now take into consideration the impact of state estate taxes on their clients’ taxable estates in our Taxable Estate Analysis—available in our Visualization Suite (TM).

This update allows advisors to illustrate the federal and state tax liabilities that may be due before and after the Tax Cuts and Jobs Act (TCJA) sunsets in 2025.

This simplified analysis allows advisors to help their clients understand the value of potential tax planning strategies they may be able to take advantage of today.

Mark a Client’s Signed Documents Complete & Store in their Vault

We’ve given advisors the ability to mark a signed document as complete on the behalf of a client. Advisors can now also upload the signed document and store it in the client’s Vault for safekeeping and easy access.

Enhancements & Updates to How a Client’s Estate Plan Information is Organized

We’ve updated our framework for storing information about your clients’ estate plans. This update allows you to better organize and summarize key pieces of information, as well as pull that information into visualization reports.

Examples of new fields being captured include:

• Decision makers
• Trust termination events
• If the trust is exempt from generation-skipping transfer tax (GST)

This month’s EsterTM enhancements

We released a new version of EsterTM to allow for an increased speed in extractions as well as additional optimization and stability.

We take pride in collaborating closely with our advisor partners and their clients to offer tools for creating, visualizing and managing estate plans effectively over time. Your feedback is invaluable to us, so please don’t hesitate to share your thoughts with us by emailing us at [email protected].

As we step into the second quarter of 2024, the wealth.com product team is thrilled to announce some new product features and enhancements aimed at providing ongoing value to our advisor partners and their clients. Check out our April 2024 releases below.

Feel free to ask any questions or share your feedback by emailing us at [email protected].

Understanding Your Client’s Potential Estate Tax Liability Pre and Post TCJA Sunset

Built using key information extracted by Ester™ from Form 709s, the wealth.com Taxable Estate Analysis provides a breakdown of clients’ potential estate tax liability, crucial for assessing transfers subject to federal gift and generation-skipping transfer (GST) taxes. The visualization instantly calculates unified estate and gift tax exemption for our advisor partners’ clients, highlighting remaining exemptions pre- and post-Tax Cuts and Job Act (TCJA) sunset in order to help optimize tax savings by utilizing the remainder of their gift tax exemption amount.

This Month’s Enhancements to Ester™

We‘re continuously improving Ester™ , our AI estate planning document extractor, to simplify the review process for our advisor partners. This month’s updates include the following:

• Edit extracted information: Advisors can now seamlessly make edits to information extracted by Ester™ from the Review page, ensuring convenience in any needed customizations.
• Section Summaries: We’ve introduced new AI-generated summaries alongside extracted information to help streamline the review process and provide additional context.

We take pride in collaborating closely with our advisor partners and their clients to offer tools for creating, visualizing and managing estate plans effectively over time. Your feedback is invaluable to us, so please don’t hesitate to share your thoughts with us by emailing us at [email protected].

We’re only a couple of months into 2024, but wealth.com’s product team has been hard at work to deliver exciting new features. With a focus on providing continued value to our advisor partners and their clients, check out our newest releases below.

We welcome any feedback or questions: [email protected].

Build Your Client’s Ownership Balance Sheet

Advisors are now able to build out their client’s Ownership Balance Sheet, starting with creating assets and further recording ownership and beneficiary designations on their client’s behalf. Understanding how assets are owned is essential for financial and estate planning, and the Ownership Balance Sheet helps advisors bridge the gap with their clients to create a properly structured estate plan and make it easier for loved ones and decision-makers, such as an executor, to administer assets when the time comes.

Salesforce Integration

Wealth.com was built to fit seamlessly into financial advisors’ existing tech stacks, ensuring you keep your operations and client information organized from your preferred access point. Our advisors who use Salesforce now have visibility into their client’s complete estate planning process directly from their CRM, including updates about client activity and quick information about the status of their documents. Read more about our integration with Salesforce here.

Customized Sub-Trusts for Joint Revocable Trusts

We’re excited to announce that we’ve enhanced the ability for clients to better customize their Joint Revocable Trust to include sub-trusts, including a Marital Trust, Trust for Descendants, or a simpler Holdback Trust. As your client drafts their Joint Revocable Trust, their answers will help them to determine whether any of these sub-trusts should be included in their document. Please note that the ability to include a customized Marital Trust and/or Trust for Descendants is available for your client in their Individual Revocable Trust workflow and is coming soon for the Last Will & Testament.

We are proud to work closely with our advisor partners and their clients to provide the tools to create, visualize and manage their estate plans over time. We want to hear from you. Please share your feedback with us!