Digital estate planning at your fingertips
Getting your estate plan in order is an important task that many of us have not addressed yet for a variety of reasons. We’d like to help you with that. Through a relationship that our trusted partner TruStage™ has with One Digital Trust (ODT), a leading provider of online estate planning solutions, Novation Financial is pleased to provide members with access to a subscription-based digital estate planning tool to create legally valid documents.
Prepare legally valid documents that go beyond simply creating your basic will
Create important estate planning documents
Catalog assets and documents in a secure digital vault
View your overall financial standing
Access your Estate Snapshot for a dynamic view into your overall financial standing, including assets, liabilities, and distributions.
Track and record inheritances
You will have the ability to record and track any inheritances allocated to your loved ones.
Get started
How it Works
1. Create an Account
Register your account and begin creating your plan, starting with your basic will, to get a sense of what this tool can offer before subscribing.
2. Set up Subscription
3. Secure and Save
Download completed documents and securely store them in your digital vault. Easily print documents for notarization, and store them back in the vault after notarization.
4. Beyond the 1st Year
Optionally renew at $36/year to help ensure that you can update your estate plan, easily accommodating your life changes and milestones encountered.
FAQs
Find answers to your questions about estate planning
What is an estate plan?
An estate plan is a set of legal documents which outline how your assets will be managed if you become incapacitated (i.e., unable to manage your own assets after an illness or injury) or pass away. Most estate plans consist of a will, or a trust, plus a durable power of attorney for finances, a healthcare power of attorney, final wishes and a guardianship designation if you have minor children. Other aspects of an estate plan may also include things like making your wishes known about your funeral and adding a life insurance policy.
Why is estate planning important?
If you pass or become incapacitated without an estate plan in place, your belongings will be administered and distributed according to the laws of the state you live in. This could mean that the distribution of your assets may not align with your wishes. This may place added emotional and financial burdens on your surviving loved ones.
I don't believe I have an "estate." Why would I need an estate plan?
Some people may feel that estate planning is something that only applies to the wealthy or if there are large properties or expensive assets in involved. The reality is that everyone can benefit from having an estate plan. No matter the size of your estate, if you don’t have an estate plan, the decisions around how your assets are distributed are determined by the state in which you reside.
What if I have a complex estate, is this self-serve digital solution right for me?
If you have complex or large assets and holdings, seeking help from an estate attorney is a wise path to take in creating your estate plan. However, for Americans who have a fairly straightforward asset structure, a self-serve solution like ODT’s could typically meet their estate planning needs.
Do I have to be tech-savvy to use this tool?
You don’t have to be tech-savvy to use the estate planning platform. It is designed to be intuitive with a guided navigation experience that walks you through a step-by-step process. There are plenty of helpful tips and videos included along the way, as well as an email help line to answer any technical questions that come up.
What’s included in this digital estate planning tool?
Creation of your estate planning documents, including:
● Last will and testament
● Living will
● Power of attorney
● Pet trust and instructions
● Guardianship directions
● Final instructions
● Instructions for property distribution and much more
Storage of your documents in a secure Digital document vault
● Estate plan documents you created
● Title and deeds
● Insurance policies
● Pet trust and instructions
Accessing your Estate Snapshot
Know where you stand at any given point with respect to your assets and liabilities; how they will be distributed; as well as a list of all those personal items that have been accumulated.
What if I don’t need the tool after I create my estate documents – do I have to renew or can I cancel my subscription?
Within the first year of purchase, many customers create their basic estate planning documents such as a living will. The advantage of keeping the subscription beyond that first year is the ability to update your estate plan to accurately accommodate for the life changes and milestones you and your family may experience. However, if you feel that you got everything you need from the first year (ex. created a living will) and do not see additional value in renewing, you can elect to cancel your subscription prior to the renewal period.
TruStage™ is the marketing name for TruStage Financial Group, Inc. its subsidiaries and affiliates.
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