LifeLegacy provides a digital platform for creating essential estate planning documents, including Last Wills, Advance Healthcare Directives, and Financial Powers of Attorney, all for a flat fee of $119. The service addresses the lack of accessible estate planning resources for middle-income Americans, enabling them to protect their loved ones and incorporate charitable giving into their legacy.
Funding
$625K 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
Many Americans lack access to affordable and user-friendly estate planning resources, leaving them unprepared to protect their assets, loved ones, and charitable interests. Traditional estate planning often involves expensive legal fees and complex processes, creating a barrier for middle-income individuals and families. This lack of planning can result in complications, disputes, and unintended consequences for beneficiaries.
Solution
LifeLegacy provides a digital platform designed to simplify and democratize estate planning, enabling users to create essential legal documents such as wills, advance healthcare directives, and financial powers of attorney. The platform guides users through an intuitive process, allowing them to define their wishes, designate beneficiaries, and incorporate charitable giving into their estate plan. By offering a flat-fee service with unlimited updates and secure document storage, LifeLegacy empowers individuals to create a comprehensive estate plan without the high costs and complexities associated with traditional methods. The platform also facilitates philanthropic planning by seamlessly integrating charitable bequests, making it easier for users to support causes they care about.
Target Audience
LifeLegacy primarily targets middle-income American individuals and families who seek affordable and accessible estate planning solutions to protect their loved ones and integrate charitable giving into their legacy. The platform also serves nonprofits and financial institutions by providing tools to promote planned giving.
Features
- Online Last Will & Testament creation with unlimited edits and revisions
- Financial Power of Attorney document generation
- Advance Healthcare Directive creation to outline medical preferences
- Secure, encrypted document storage for all estate planning documents
- Streamlined process for incorporating charitable giving into estate plans
- User-friendly interface that guides users through each step of the process