We’re kicking off the year with major updates to Ester™, our AI legal assistant, Task Manager, and our document creation process. These enhancements empower financial advisors to deliver a better estate planning experience for their clients while providing key insights. Here’s what’s new.
Ester™ AI Updates: Now Available for All Irrevocable Trust Types and Expanded Visualization Capabilities
We’ve expanded the capabilities of our recently announced Ester™ AI Executive Summaries—single page summaries that distill the key decisions in estate planning documents—to support all irrevocable trust types.
In addition to already supporting GRATs, ILITs, and SLATs, advisors can now leverage Ester™ AI to produce Executive Summaries for QPRTs, CRATs, CRUTs, Dynasty Trusts and more.
Ester™ has also been updated for those with Family Office Suite™ to easily feed the extracted information from these irrevocable trust types in the Executive Summary to visualizations for a client-facing report.
Advisors can now view a “split-screen” of the Executive Summary on one side and the ability to fill in a Trust Card on the right side. This allows easy data-transfer to feed a client’s trust information into the Report Builder and making sure that information is saved. In a future update, the Trust Card will be pre-filled by our AI.
Task Manager: Link Files to a Task
We’ve updated Task Manager so that advisors can now link files to a task. A file can be added when the task is created, at a later time, as well as tasks created by colleagues that they have access to.
For example, an advisor could attach a scanned PDF of a client’s existing trust document to a task to assign to a teammate to run through Ester™ and review. Or they could raise a task for someone to upload completed estate planning documents to a client’s Vault. When the task is marked as completed, the advisor who created it can cross-reference the linked files to confirm.
Document Creation: State-Specific Updates
In our efforts to continuously keep our documents up-to-date and in accordance with local legislation, we have made updates to our documents for members who live in Oklahoma. These updates have been reviewed and recommended by our local counsel.
