ESTATE ADMINISTRATION
One place for executors or executrixes to securely administer all aspects of a decedent’s estate. Executors/executrixes that were included in a decedent’s Legacy Management application would automatically be invited to securely register in Estate Administration. Once successfully registered, they would be able to access the decedent’s estate in order to file probate and get the requisite legal documents. Executors or executrixes can then manage all assets, liabilities, expenses, beneficiaries, heirs and more in order to complete distribution of the estate as intended by the decedent. Administrators can manage estates spanning multiple countries, currencies and legal systems with the help of integrated Artificial Intelligence.
Administer Unlimited Estates
Executors can add and manage an unlimited number of estates while maintaining the security of each. Administration is available for as long as needed and, once completed, the data can be safety purged from the system.
Track All Estate Transactions
Executors need to manage a number of activities as part of their fiduciary duty in addition to filing for probate. They also need to be able to accurately report on all actions taken, income received by the estate, expenses paid, debts owed, beneficiary allocations, communications and much more. The system allows executors to record unlimited transactions in multiple currencies for estates spanning multiple countries. Reports that may be required by law from government agencies or services and even by beneficiaries can be easily created by simply selecting the appropriate available report.
Communicate with Beneficiaries
Estate administrators can easily communicate with beneficiaries and other family members using the secured sharing feature within the software for a specified time limit or on a predefined schedule. Email and SMS Text message integration provides for seamless communication.
Provide Reports for Beneficiaries, Taxation and more
Reports on the value of an estate or specific transactions can be generated on demand. This helps to minimize or eliminate the liability that an executor may have as they administer an estate. Tax rules vary from country to country and across jurisdictions so easy access to data allows executors to easily comply without additional headaches.
AI for Help with Administration
Estate administration requires an understanding of many legal, financial and taxation regulations that vary by jurisdiction in addition to the demands of the beneficiaries of the estate. The software uses Artificial Intelligence to provide intelligent assistance to administrators so that they can complete their duties in a timely and legal manner.
Intelligent conversations
Analytics and reporting
Always-on accessibility
Personalized interactions
Multi-language support
Secure data encryption
Secure your Legacy today with Estate Administration
Be confident in knowing that your legacy will be protected as the information you store in Legacy Management will be automatically transferred to Estate Administration upon your death so that Executors can easily administer your estate consistent with your directions.