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What is Fabric by Gerber Life?

Fabric provides a free online tool for creating a will, enabling you to draft a digital last will and testament in just five minutes by guiding you through essential steps like choosing a guardian, identifying beneficiaries, and detailing your final wishes in an accessible manner. Upon following a set of prompts, you will receive a downloadable file that can be printed, signed, and witnessed to guarantee its legal enforceability, with straightforward instructions laid out by the service. Designed especially for young families, this platform lets you share your will with a partner or guardian, add extra instructions, and ensure that both your assets and children are protected at no charge. You have the authority to manage who can view the document and can easily return to update or modify it as needed. While this tool streamlines the estate-planning journey and aids in completing crucial tasks, it is advisable to seek guidance from a legal expert if your financial situation includes complex assets or if you have specific state-related questions. Consulting with a professional can help you navigate the intricacies of your estate and assure that everything is handled properly and legally. Ultimately, taking these additional steps can provide peace of mind as you secure your family's future.

What is Bancroft?

Bancroft is a cloud-based estate planning platform tailored for financial advisors, registered investment advisors (RIAs), and firms, which simplifies the creation and management of estate documents for client households. Advisors can invite clients to a personalized portal where guided questionnaires for each document automatically populate relevant household details. This solution is equipped to generate a range of state-specific legal documents, such as wills, revocable trusts, powers of attorney, HIPAA authorizations, and other essential papers, while also giving advisors a detailed dashboard to track document progress and outstanding tasks. Furthermore, it includes trust-funding workflows that enhance the efficiency of asset retitling, beneficiary updates, and deed assignments, complemented by draft letters awaiting advisor approval. Among its many functionalities, Bancroft provides a secure Digital Safe for safeguarding household records, supports trust modifications, and offers visual aids for blended families to understand potential outcomes based on the order of death of either spouse. Importantly, although Bancroft delivers these software tools, it does not operate as a law firm, and users are advised to seek personalized legal counsel outside of the platform for specific needs. Ultimately, with its comprehensive set of features, Bancroft aspires to improve the estate planning experience for both advisors and their clients, fostering a more structured and effective approach to estate management while ensuring that users have the necessary resources at their fingertips.

Media

Media

Integrations Supported

Integrations Supported

Wealthbox

API Availability

API Availability

Pricing Information

Free
Free Version

Pricing Information

$299/month
Advisor is $299/month or $3,199/year billed annually; it includes one advisor, up to 25 wills and trusts per year, and unlimited POAs, HIPAA, and supporting documents. Growth is $499/month or $450/month billed annually and removes document caps. Firm is $799/month or $717/month billed annually, with one seat included and additional seats at $249/month. Enterprise is custom-priced. Optional charges include $199 deed recording and $299 individual attorney review.

Supported Platforms

SaaS
Android
iPhone
iPad

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Online Training
On-Site Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Fabric by Gerber Life

Date Founded

2015

Company Location

United States

Company Website

meetfabric.com/wills

Company Facts

Organization Name

Bancroft Sysyems

Date Founded

2024

Company Location

United States

Company Website

usebancroft.com

Categories and Features

Estate Planning

Not specified

Categories and Features

Estate Planning

Not specified

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