Estate planning-AI-Powered Estate Planning

Example

Creating a will to designate heirs and distribute assets such as property, investments, and personal items.

Scenario

A parent specifies in their will that their home should be inherited by their eldest child, while their investment portfolio is divided equally among all children.

Example

Establishing trusts or charitable donations to reduce the estate tax burden.

Scenario

An individual sets up a charitable remainder trust, allowing them to receive income for life with the remainder going to a charity, thus reducing their taxable estate.

Example

Preparing advance healthcare directives to specify wishes regarding medical treatment when incapacitated.

Scenario

Someone creates a living will to dictate their preferences for end-of-life care and appoints a healthcare proxy to make decisions on their behalf if they're unable to do so.

Example

Naming a guardian for minor children or dependents in the event of the parent's death or incapacitation.

Scenario

In their will, a single parent names a sibling as the guardian for their minor child, ensuring the child's care and upbringing according to family values and wishes.