Vanilla

Sep 12, 2024

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Vanilla Introduces V/AI Automatic Profiles to Automate Estate Planning Reviews

Every advisor can create modern, visual reviews of every client’s estate in seconds

Vanilla, the award-winning estate planning software company, announces V/AI Automatic Profiles, a new AI enabled capability that makes it easy for advisors to quickly create and share a visual summary of their clients current estate plan within minutes of uploading their estate documents.  With V/AI Automatic Profiles, Vanilla can read estate planning documents using AI and automatically create an estate profile, including visual estate diagrams, beneficiary summaries, fiduciary summaries, and more. Advisors can edit key information such as names, dates, trust details, and other relevant information in real-time and then request a full human-led abstraction to add additional provision details. 

Today, when advisors work with clients, they collect estate planning information, such as a will, health care directive, power of attorney, and various trust documents, as the foundation of their estate profile. Even for experienced advisors and planners with decades of experience, the process of reading estate documents can be tedious and time-consuming. 

With V/AI Automatic Profiles, Vanilla is extending the power of V/AI to every advisor on the platform so they can quickly visualize every client’s estate plan. This allows advisors to get value in minutes rather than hours or even weeks by having V/AI automatically create an estate profile. This allows advisors to quickly assess an existing estate plan, and work with clients on deciding on additional planning needs. 

Previously, an advisor had to choose between using an in-house planner or Vanilla’s Abstraction Services to read the document and enter the information into Vanilla. Vanilla offers customers the best of both worlds: To use AI for quick estate summaries to identify potential problems, but also to have a human-led review when a deeper dive is more appropriate. 

“V/AI has been a huge productivity boost for our planners using Vanilla Estate Builder ,” said Julie Olander, Senior Wealth Planner at Ashton Thomas Private Wealth . “With the new V/AI Automatic Profiles, we are excited about how we can scale our estate planning conversations across every advisor.”

“We’re excited to introduce industry-leading products like V/AI that make it easy for wealth planners and advisors to deliver planning advice at scale,” said Gene Farrell, CEO, of Vanilla. “With V/AI Automatic Profiles, we are making the next step functional improvement in transforming what was once a costly, manual workflow and providing value to advisors in minutes at a fraction of the cost. We continue to give advisors the peace of mind knowing that they can still rely on Vanilla’s Abstraction Services where they need additional details or for complex cases where an AI-assisted human review may be more appropriate.” 

V/AI Automatic Profiles will be available to advisors in beta at the end of 2024 at no additional cost. For more information, please contact our sales team at inquiries@justvanilla.com

Investment Advisory Services are provided by Ashton Thomas Private Wealth, LLC, an SEC-registered investment advisor. Securities are offered through M.S. Howells & Co. a registered broker/dealer and Member of FINRA/SIPC. M.S. Howells is not affiliated with Ashton Thomas Private Wealth, LLC or any of its affiliates. Ashton Thomas Private Wealth, LLC is not affiliated with Vanilla or any of its affiliates.