Elayne is a technology‑driven estate settlement service that automates asset discovery and probate administration for families and executors. Users upload existing documents, the platform extracts key information, searches over 50 financial categories for hidden assets, and manages filings, tax returns, and final distribution while limiting attorney involvement to necessary legal work.
Funding
$500K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
When a loved one dies, families must locate hidden assets, navigate probate or trust administration, and handle extensive paperwork, often while grieving and lacking legal or financial expertise. This process is time‑consuming, costly, and prone to missed accounts or deadlines.
Solution
Elayne provides a guided, technology‑driven estate settlement service that automates the discovery and administration of a deceased person’s assets. Users upload any existing documents (death certificate, will, trust) and the platform extracts key information to build an estate profile and a step‑by‑step roadmap. An AI‑powered search scans over 50 financial categories to locate bank accounts, insurance policies, retirement funds, and other assets that may be unknown to the family. Elayne then manages probate filings, trust administration, creditor notifications, tax filings, and final distribution, handling calls, deadlines, and paperwork on behalf of the executor. Throughout the process, families retain oversight and can approve actions, while vetted estate attorneys and CPAs are engaged only for specialized legal or tax work, reducing overall attorney fees.
Target Audience
Primary customers are executors, heirs, and family members responsible for settling an estate, as well as professional fiduciaries who need a streamlined, technology‑enabled solution for probate and asset discovery.
Features
- Document upload and AI extraction to create a personalized estate profile and actionable roadmap
- Automated discovery engine that searches 50+ financial categories for hidden accounts and assets
- End‑to‑end probate and trust administration, including court filings, creditor notifications, and tax return preparation
- Integrated network of vetted estate attorneys and CPAs for on‑demand legal and tax support
- Secure, encrypted data handling with user‑controlled access and permission settings
- Real‑time progress dashboard allowing families to monitor tasks, approve steps, and view timelines
- Cost‑saving model that limits attorney involvement to necessary legal work only