Company Profile: The Estate Registry

The Estate Registry is a provider of Estate Planning and After-Loss services.  Three core segments compile the scope of what The Estate Registry provides.  LegacyNOW is a digital estate planning and lifecycle management platform.  NotifyNOW notifies an individual’s passing to creditors, subscription services, and loyalty programs, etc. via a secure online platform.  Through InheritNOW, The Estate Registry offers inheritance advances.

 

LegacyNOW

LegacyNOW, a digital estate planning and lifecycle management system is tailored for estate planning professionals, as well as probate attorneys. Thereby, the platform enables estate and trust practice groups to plan, maintain, and manage estate matters within a single, secure cloud environment. Consumers may also use LegacyNow directly.  An executor could use LegacyNOW as an administration and organization tool for estate settlement.  Recently, companies are offering LegacyNow through employee benefits to encourage estate planning.

Communication, coordination, and transparency are key benefits to families, executors, advisors, and heirs —streamlining estate lifecycle management.  A digital vault ensures that all critical documents an executor may need are securely stored. Accordingly, these documents remain protected utilizing blockchain encryption, and are accessible only via a designated hash key.  Therefore, authorized individuals can securely retrieve the necessary information when estate administration becomes necessary.

Security protocols and compliance are essential priorities to assure client data.  LegacyNOW protects client security through SOC2 Certification.  SOC2 or, ‘System and Organization Controls 2’, is a framework developed by the American Institute of Certified Public Accountants (AICPA) to assess how organizations handle customer data.

Also, when the time comes, LegacyNOW works in conjunction with NotifyNOW for estate settlement notification.

More on LegacyNOW: https://estate-registry.com/legacynow/

 

NotifyNOW

NotifyNOW issues Digital Notifications to Creditors for Executors and Personal Representatives of estates.  The platform automates the process of securely registering, storing, and reporting the passing of a recently deceased account holder to all subscribed creditors, utilities, subscriptions, banking and financial institutions, etc.  After entering the decedent’s accounts, and upload of death certificate, notice can be sent to companies with accounts of the decedent.

This streamlined solution simplifies the process for the executor/Personal Representative, and saves time and money. Respectively NotifyNOW enhances efficiency, ensuring notifications are delivered faster and expediting the overall process greatly reducing the executors workload.  Furthermore, by enhancing consistency and ensuring the completion of notifications, the system minimizes errors and improves reliability.

Users of LegacyNOW may have an even more efficient notification process as many accounts will already be entered, and LegacyNOW and NotifyNOW are integrated.

More on NotifyNOW: https://estate-registry.com/notifynow/

 

InheritNOW

InheritNOW provides inheritance advances.  An inheritance advance is a financial product that allows heirs or beneficiaries to receive a portion of their inheritance before the estate has been fully settled.  The probate process or estate settlement can take significant time to be completed.  An inheritance advance may provide immediate funds to a beneficiary, based on the expected value of the inheritance.

An inheritance advance is not a loan and while there are not payments per se, settlement of the advance, advance amount and fees, occurs when the estate is closed.  It’s a non-recourse advance.  This means there is no credit check and if the estate does not distribute as expected, the beneficiary is not personally responsible.

More on InheritNOW: https://estate-registry.com/inheritnow/

 

Conclusion

The Estate Registry is based out of Wilmington, Delaware but operates globally. Founded in 2020, its mission is to help people navigate the most challenging moments in life with greater ease.

The Estate Registry website is estate-registry.com.