Vanilla Expands Document Creation to Offer a Complete, Modern Estate Planning Experience
April 24 2024 - 11:00AM
Business Wire
New Vanilla Document BuilderTM, announced at biannual Legacy Now
event, delivers modern estate planning for all wealth levels
Vanilla, a leading provider of innovative estate planning
software, today announced an expanded set of features for Vanilla
Document BuilderTM, the modern document creation engine within the
Vanilla Estate Advisory Platform. Financial advisors using Vanilla
can now offer a compelling modern estate planning experience for
clients across the wealth spectrum. New features include the
ability to connect directly with legal experts, to get powers of
attorney for adult children, and to tap into advanced tax planning
options. These enhancements were unveiled at Legacy Now, Vanilla’s
biannual virtual estate planning event attended by advisors,
attorneys, and planners.
Vanilla introduced two new packages as part of the Vanilla
Document Builder experience.
The new Attorney Engagement package offers the ability to engage
directly with licensed estate planning attorneys. This allows
clients to work closely with top legal experts to ensure their
estate documents are accurate and personalized to their unique
situations, regardless of complexity.
Vanilla also introduced a new Essentials document creation
package that enables users to create Health Care Advance Directive
(HCAD), Financial Power of Attorney (FPOA), and HIPAA disclosure
documents for clients with adult children. This package provides
families with the most up-to-date advance medical directive and
estate planning documents that reflect state laws, ensuring they
have the appropriate legal documents in place to reflect the wishes
of the adult children in case of mental or physical
incapacitation.
“We believe that everyone should be empowered to build a
meaningful legacy, regardless of their level of wealth,” said Gene
Farrell, CEO, Vanilla. “Vanilla is the only estate planning
platform that supports every client at every level, and our latest
innovations give advisors a complete estate platform spanning from
planning to document creation ensuring their clients’ financial
well-being.”
To offer consistent, high-quality collaboration with
highly-pedigreed estate planning attorneys through the Attorney
Engagement offering, Vanilla is launching with the modern law firm
Accelerant Law PLLC. Accelerant attorneys will work directly with
clients to build a plan that complements their family and financial
situation. Upon completion of their documents, the client’s plan
will automatically sync and be visualized within the Vanilla
platform.
“We founded Accelerant Law with the goal of taking expertise
from some of the top law firms in the country and delivering it to
a broader range of clients. Essential to that mission is being able
to leverage technology to deliver sophisticated planning at scale,”
said Dana Foley, founder of and partner at Accelerant Law. “Vanilla
is playing a critical role in our ability to take our expertise and
deliver it to clients across the spectrum of wealth.”
Vanilla’s new packages build off of the Vanilla Document Builder
release to general availability in January, which included the
Basic Trust Package aimed at users who are still early in the
process of wealth building. The Basic Trust Package provides a
comprehensive solution for estate planning needs, including a
Revocable Trust, Pour-Over Will, Certificate of Trust, Health Care
Advance Directive, and Financial Power of Attorney. Not only are
documents printed and shipped to the user for signing, but they are
also integrated with their financials and plan visualizations in
Vanilla.
In addition to the new Vanilla Document Builder packages,
Vanilla has also introduced new billing options enabling advisors
to choose whether their client pays or they pay and it is included
as part of the firm’s fee structure. Fee based advisors now have
the option to offer estate planning as a new revenue offering.
“Estate planning should be a seamless, integrated part of total
wealth advisory services,” said Farrell. “Our goal is to empower
advisors and attorneys with technology and education. At this
spring's Legacy Now, we not only showcased breakthrough product
innovations, but brought together experts from across the wealth
management industry to provide their insights gleaned from decades
of experience at firms large and small.”
Register here to watch the Legacy Now event on demand, featuring
actionable insights from sessions including a conversation between
Vanilla founder Steve Lockshin and two-time NBA champion Shane
Battier about planning for the future and building a legacy.
For more information about Vanilla Document Builder and other
solutions available as part of the Vanilla Estate Advisory
Platform, visit justvanilla.com.
About Vanilla
Vanilla is the world’s first Estate Advisory Platform,
purpose-built by advisors and estate professionals to help wealth
management firms deliver a holistic, modern estate planning
experience to their clients. With Vanilla, advisors, planners, and
estate attorneys can deliver differentiated advice, expand their
client relationships, win new business, and increase their ongoing
value by offering simplified, scalable estate analysis to every
client. Learn more about how Vanilla is reinventing the estate
planning experience end-to-end at www.justvanilla.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240424156019/en/
Media Inquiries Vanilla press@justvanilla.com