What is Trust&Will?

Trust&Will is an online estate planning platform designed to simplify the process of creating legal documents such as wills and trusts. The service aims to provide users with clarity regarding their estate planning needs, ensuring that their loved ones are taken care of after they pass away. With an intuitive guided platform, Trust&Will allows users to create, update, and manage their estate plans efficiently from the comfort of their homes. The service is built by attorneys and is tailored to meet state-specific legal requirements, making it a reliable option for individuals and families looking to secure their legacies.

Features

Trust&Will offers a range of features that cater to the needs of users seeking to establish or update their estate plans. Here are some of the key features:

1. Guided Online Platform

• User-Friendly Interface: The platform is designed to be intuitive, making it easy for users to navigate through the estate planning process.
• Step-by-Step Guidance: Users receive structured guidance throughout the process, breaking down tasks into manageable steps.

2. Creation of Legal Documents

• Wills: Users can create legally binding wills that outline their wishes regarding asset distribution and guardianship of dependents.
• Trusts: The platform allows for the creation of trusts, which can help avoid probate and ensure a smoother transfer of assets.

3. Expert Support

• Access to Attorneys: Users can receive one-on-one support from licensed attorneys to address any questions or concerns.
• Unlimited Chat and Technical Support: The platform offers continuous support to help users navigate the estate planning process.

4. Secure and Affordable Solutions

• Bank-Level Encryption: Trust&Will prioritizes user security, employing advanced encryption methods to protect personal information.
• Transparent Pricing: The service offers clear and affordable pricing plans, making estate planning accessible to a broader audience.

5. Probate Assistance

• Dedicated Case Manager: For users dealing with the probate process, Trust&Will provides a dedicated case manager to guide them through each step.
• Document Preparation and Review: The platform assists with the preparation and review of necessary probate documents.

6. Educational Resources

• Learn Center: Trust&Will hosts a comprehensive learn center that includes articles and guides on estate planning topics, helping users make informed decisions.
• FAQs: A well-structured FAQ section addresses common queries about the estate planning process.

Use Cases

Trust&Will serves a variety of users with different estate planning needs. Here are some common use cases:

1. New Parents

• Guardianship Planning: New parents can create wills to specify guardians for their children, ensuring that their offspring are cared for according to their wishes.
• Asset Distribution: Parents can outline how their assets should be distributed among family members in the event of their passing.

2. Homeowners

• Trust Creation: Homeowners can establish trusts to protect their properties and ensure a smooth transfer of ownership to beneficiaries, avoiding the probate process.
• Tax Benefits: Trusts may offer tax advantages, making them an appealing option for homeowners looking to preserve their wealth.

3. Individuals with Complex Estates

• Tailored Estate Plans: Users with more complex financial situations can customize their estate plans with the help of attorneys to address specific needs.
• Asset Protection: Trusts can be structured to protect assets from creditors or legal claims.

4. Individuals Navigating Probate

• Support for Executors: Executors of estates can utilize Trust&Will’s probate services to streamline the process of settling a loved one’s estate.
• Guidance Through Legal Requirements: The platform helps users understand and comply with state-specific probate laws.

5. Individuals Seeking Peace of Mind

• Affordability: Trust&Will provides budget-friendly options for individuals looking to secure their legacy without incurring high legal fees.
• Simplicity: The ease of use and accessibility of the platform allows users to complete their estate plans quickly, alleviating stress and uncertainty.

Pricing

Trust&Will offers a transparent pricing structure designed to accommodate various budgets. Here’s a breakdown of the pricing for the primary services:

1. Will Packages

• Basic Will: A straightforward will that covers the essential aspects of asset distribution and guardianship.
• Pricing: Typically ranges from $89 to $99, depending on the level of customization.

2. Trust Packages

• Revocable Living Trust: A comprehensive estate planning tool that allows users to manage their assets during their lifetime and specify distribution after death.
• Pricing: Usually starts around $399, making it a cost-effective option compared to traditional legal services.

3. Probate Services

• Individualized Support: Pricing for probate services may vary based on the complexity of the estate and the level of support required.
• Payment Plans: Trust&Will offers flexible payment plans to make their services more accessible.

4. Additional Services

• Document Review and Customization: Users may incur additional fees for specific legal services or document reviews.

Overall, Trust&Will aims to provide affordable estate planning solutions that cater to a diverse clientele.

Comparison with Other Tools

When comparing Trust&Will with other estate planning tools, several unique selling points set it apart:

1. User Experience

• Intuitive Design: Trust&Will’s platform is specifically designed for ease of use, making it accessible for individuals without legal experience.
• Guided Process: The step-by-step guidance is more comprehensive than many competing platforms.

2. Expert Support

• Access to Attorneys: Unlike some competitors, Trust&Will offers direct access to licensed attorneys for personalized support.
• Unlimited Chat Support: The availability of unlimited chat support is a significant advantage for users seeking immediate assistance.

3. Security Measures

• Bank-Level Encryption: Trust&Will prioritizes the security of user information, employing advanced encryption methods that may exceed those of other platforms.

4. Focus on Probate

• Dedicated Case Managers: The provision of dedicated case managers for probate processes is a unique feature that many other estate planning tools do not offer.
• Comprehensive Probate Support: Trust&Will's resources for navigating the probate process are extensive, making it a suitable choice for those dealing with estate settlements.

5. Educational Resources

• Learn Center: Trust&Will’s educational resources provide users with valuable information that can aid in making informed estate planning decisions.
• Regular Updates: The platform frequently updates its content to ensure users have access to the latest legal information and best practices.

In summary, Trust&Will stands out among competitors due to its user-friendly design, expert support, focus on security, and comprehensive resources for both estate planning and probate.

FAQ

1. How long does the process take?

• Most users can complete their Trust-based Estate Plan in about 20 minutes and their Will-based Estate Plan in approximately 15 minutes.

2. Is this legal?

• Yes, all estate plans created through Trust&Will are built by attorneys and customized to meet state-specific legal requirements. Signing and notarizing the documents upon receipt ensures their legal validity.

3. What should I do if I lost someone I love?

• Trust&Will offers guidance for navigating the next steps, including obtaining legal documentation of the death and notifying necessary parties. Their probate services can assist executors in settling the estate.

4. Is my information secure?

• Trust&Will employs bank-level security to protect and encrypt personal information, ensuring that user data remains confidential and secure.

5. Are payment plans available?

• Yes, Trust&Will offers payment plans for both Will and Trust-based Estate Plans, as well as for their probate services, aligning with their mission to make estate planning accessible for everyone.

In conclusion, Trust&Will provides a comprehensive, user-friendly solution for estate planning and probate needs, combining expert support, affordability, and security to empower individuals in securing their legacies.