Trust & Will Sets the Stage for Estate Planning's Future
As the landscape of estate planning evolves dramatically, Trust & Will is taking a significant step by launching its inaugural event, Guiding Generations: The Future of Estate Planning. This gathering aims to explore crucial themes shaping the future of wealth transfer, estimated to reach a staggering $124 trillion in the coming decades. The intersection of technology, goals for families, and changing policies will set the tone for these discussions.
Understanding the Ongoing Wealth Transfer
The largest wealth transfer in history is happening right now, ushering in a new era of financial management and legacy-building. With over $124 trillion poised to transition to heirs and charitable organizations, the need for robust estate planning strategies becomes increasingly urgent. Rapid advancements in technology, especially artificial intelligence and digital assets, are reshaping how wealth is managed and passed on. This evolution presents both opportunities and challenges that estate planning professionals must navigate.
The Role of Technology and AI
The future of estate planning is significantly influenced by emerging technologies. Artificial intelligence is set to transform succession planning and rework the traditional advisor-client relationship. By leveraging AI, institutions can streamline processes and enhance the efficiency of estate management, which is crucial as families face intricate financial landscapes.
Policy and Regulation Challenges
With the rise of digital-first wealth management, regulators and lawmakers must keep pace with these rapid changes. The conference aims to address how current policies can adapt to better facilitate the modern dynamics of wealth transfer, especially regarding cross-border assets and digital investments.
Insights from Guiding Generations
Trust & Will's Guiding Generations event will be key to unveiling insights that are vital for families and institutions alike. Four main themes will guide the discussions:
- AI and Automation: Analyzing the impact of technology on succession planning.
- Policy Impact: Understanding necessary shifts in regulation for current trends.
- Facing Challenges: Highlighting unique obstacles in the wealth transfer process.
- Preparing for 2037: Urging institutions to take proactive measures today.
Why This Event Matters
Cody Barbo, Co-Founder and CEO of Trust & Will, emphasizes the importance of this moment, stating, "Estate planning is undergoing the most significant transformation in modern history." With trillions of dollars at stake, this event will unite experts and innovators who are paving the way for estate planning's future, focusing on crucial milestones leading to 2037.
Event Details
Guiding Generations will be free and conducted as a full-day, application-only event on the date outlined. Both in-person and online attendance will be available, allowing for wider participation and engagement from various sectors. Leaders across finance, law, technology, and policymaking will gather to share perspectives.
About Trust & Will
Founded in 2017, Trust & Will is committed to transforming estate planning by providing a digital platform that facilitates the creation of essential legal documents for individuals and families. With a mission that focuses on accessibility and inclusiveness, the company serves over one million users and offers seamless, attorney-approved solutions. The introduction of EstateOS™, an innovative platform designed for modern legacy planning, further enhances the capabilities of Trust & Will, enabling families and advisors to engage in effective estate management practices.
In addition to substantial partnerships with a diverse range of financial institutions and organizations, Trust & Will is reimagining estate planning as an essential part of financial well-being, ensuring families can leave behind meaningful legacies. The platform has garnered recognition on prestigious lists, showcasing its impact across the industry.
Frequently Asked Questions
What is the purpose of the Guiding Generations event?
The event is designed to discuss critical trends affecting estate planning, focusing on the upcoming wealth transfer and technological advancements.
When is the Guiding Generations event taking place?
The event is scheduled for October 23, 2025, and will feature both in-person and virtual participation options.
How can attendees register for the event?
Attendees can register for the event through the Trust & Will website, although it is an application-only event.
Who is the target audience for this event?
The event targets professionals from finance, law, technology, and policy sectors interested in the future of estate planning.
What initiatives does Trust & Will support?
Trust & Will supports initiatives that promote accessible and reliable estate planning solutions for families, enhancing financial literacy and planning.
