Trusty offers a digital platform for individuals to create a comprehensive Letter of Wishes, simplifying estate planning. The service allows users to catalog assets with AI assistance, store and summarize estate documents, and record personalized video messages for heirs, ensuring clear communication and smoother transitions.
Funding
$730.3K 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.
GVRVFounders
Product
Problem
Individuals often struggle to clearly document their asset assignments and personal messages for heirs, leading to potential confusion and family disputes. The process of cataloging assets and organizing estate documents can be complex and time-consuming, hindering effective estate planning.
Solution
Trusty provides a digital platform that enables users to create a comprehensive Letter of Wishes, ensuring clarity for beneficiaries. The platform simplifies asset management by allowing users to photograph and catalog items, with AI assistance for detail extraction and tagging. Users can also upload and store estate planning documents, such as Wills and Powers of Attorney, and receive AI-generated summaries for easier comprehension. Additionally, personalized video messages can be recorded and assigned to specific heirs, adding a personal touch to asset distribution. The service aims to reduce uncertainty and facilitate smoother transitions by making crucial information accessible and understandable to designated individuals.
Target Audience
The primary users are individuals seeking to simplify their estate planning and ensure clear communication with their heirs, as well as estate lawyers, wealth advisors, and financial planners looking to offer enhanced client services.
Features
- Digital Letter of Wishes creation with asset assignment and personalized video messaging capabilities.
- AI-powered asset cataloging through photo capture, with automatic detail detection and tagging.
- Secure storage and AI-generated summaries for estate planning documents (e.g., Wills, POAs).
- Functionality to invite collaborators (family, advisors) to view or contribute to the wishes.
- Bank-grade security measures to protect personal data, with a commitment not to use data for AI model training.
- Asset tracking features including value, location, and receipt management.