News Summary
Trust & Will, based in San Diego, has introduced EstateOS, the first AI-integrated estate planning platform, designed to modernize estate planning through interactive technology. This platform enhances user experiences by assessing estate plans, providing instant AI answers, and facilitating communication among stakeholders. With pricing starting at $199 for wills and $499 for trust plans, this user-friendly platform has attracted over a million families. Trust & Will aims to revolutionize estate planning, aligning with recommendations from the National Council on Aging and setting itself apart from competitors.
San Diego – Trust & Will, a company based in San Diego, has launched a groundbreaking estate planning platform called EstateOS. This revolutionary platform integrates artificial intelligence (AI) to enhance both consumer and financial professional experiences in creating and managing estate plans. The company aims to modernize estate planning, transforming traditional static documents into an interactive platform that adapts to users’ lives.
EstateOS is the first AI-integrated estate planning platform on the market. It combines Trust & Will’s established estate planning software with advanced tools from OpenAI. Its innovative features include PlanScore, which assesses estate plans for potential blind spots; an AI assistant that delivers instant answers regarding estate planning questions; and a document extraction tool designed to summarize and analyze user-submitted documents for actionable insight. Furthermore, the Connected Networks function facilitates streamlined communication among executors, beneficiaries, attorneys, and financial advisers, ensuring all parties are informed and connected during the estate planning process.
Pricing for creating a will begins at $199, while trust-based plans start at $499. Couples looking to create joint plans will incur an additional fee of $100, and subsequent updates to estate plans will come at extra costs. The platform’s user-friendly design has already attracted over 1 million families who have utilized Trust & Will’s services, establishing the company as a prominent player in the estate planning market.
Trust & Will has successfully raised over $80 million in funding from various venture capital and corporate investors, including notable names like Moderne Ventures, American Express, AARP, and Northwestern Mutual. The launch of EstateOS comes as the company achieved cash-flow positivity in 2024, marking its transition into profitability. Trust & Will has also expanded its workforce to around 110 employees, up from 80 in the previous year.
The launch of EstateOS reflects the ongoing shifting landscape of estate planning, with Trust & Will striving to distinguish itself from competitors such as LegalZoom and Rocket Lawyer. The company’s commitment to simplifying complex legal processes aligns with the recommendations of the National Council on Aging, which endorses online will-making services and highlights Trust & Will as a leading option.
CEO Cody Barbo initially secured $5,000 in seed funding after pitching the company to investors in 2017, a turning point that laid the foundation for the current advancements in their offerings. The company has continued to innovate and adapt its services to meet consumer needs, illustrating a dedication to ongoing improvements in the field of estate planning.
Future plans for EstateOS include the development of features that will automatically track significant life events, prompting users to update their estate plans as needed. This proactive approach is designed to ensure that estate plans remain current and relevant, addressing the dynamic nature of users’ personal circumstances. By shifting from traditional paperwork to an interactive platform, Trust & Will aims to facilitate better estate planning experiences for all.
For those looking to learn more about EstateOS and the available services, more information can be found on the company’s official website at www.trustandwill.com. The launch of this innovative platform marks a significant step forward in the effort to make estate planning more accessible and user-friendly for everyone.
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Additional Resources
- San Diego Union-Tribune
- Wikipedia: Estate Planning
- PR Newswire
- Google Search: Estate Planning AI
- CNBC
- Encyclopedia Britannica: Last Will and Testament
- The SaaS News
