GoodTrust Partners with Pratt Institute to Offer Estate Planning as a Key Financial Wellness BenefitGoodTrust, a leader in digital estate planning, partners with Pratt Institute to offer estate planning services as a new voluntary benefit for its faculty and staff. This initiative aims to integrate essential financial wellness tools into the Institute’s benefits package, emphasizing the importance of estate planning in personal financial health.

How Employee Benefits Impact Your Bottom LineEvery employer knows customer satisfaction impacts your bottom line, but have you considered how much employee satisfaction does as well?

Estate Planning as an Added Benefit for Your Clients: Complete Financial Wellness for AdvisorsAs a financial advisor, you understand the importance of building strong relationships with your clients. You work hard to help them achieve their financial goals and provide guidance on investments, retirement planning, and more. But have you considered the added value that estate planning can bring to your relationship with clients?

GoodTrust Partners with National Benefit Partners to Empower Employee Financial WellnessGoodTrust, a leading provider of digital estate planning solutions, is proud to announce a strategic partnership with National Benefit Partners (NBP), an esteemed provider of employee benefit solutions. This collaboration aims to integrate GoodTrust's comprehensive estate planning services into NBP's extensive portfolio, offering unparalleled financial wellness benefits to employees nationwide.

Navigating Tax Day: The Role of Revocable Living Trusts in Your Financial StrategyAs Tax Day approaches, many of us are meticulously reviewing our finances, seeking ways to optimize our tax positions. In this annual review of our financial situations, the subject of estate planning often comes up, sparking curiosity about how it might impact our overall financial health. Revocable living trusts are a cornerstone of estate planning, and understanding their relationship with taxes is crucial for anyone looking to make informed decisions about their financial future.

Bridging the Gap: How GoodTrust and Beam's Partnership is Making Estate Planning Accessible to the WorkforceIn today’s shifting workforce environment, it's important for employers to distinguish themselves to attract and retain the best talent. This necessity becomes even more apparent as we observe the evolving expectations and needs of employees regarding their benefits. Historically, employee benefits centered around healthcare and life insurance and while that’s still true, financial wellness benefits are gaining popularity and traction in the workplace. Estate planning is an essential component to overall financial wellbeing, making it a natural addition to any benefits package. GoodTrust and Beam recognized this opportunity and are joining forces to bring estate planning to tens of thousands of employees.

Millennials Are the Largest Proportion of the Workforce and They Want Estate Planning! Millennials are not only the largest generation in history but they’re also the largest workforce demographic our country has ever seen. Currently, Millennials represent 35% of the workforce and are projected to represent 75% of the global workforce by 2025. This shift makes it increasingly clear that keeping millennials happy will mean keeping your business successful. Where Baby Boomers have been known for their strong work ethic, loyalty to employers and preference for structure in the workplace, Millennials tend to prioritize flexible working conditions, purpose-driven work and the use of technology.

Navigating Estate Planning as a Single ParentBeing a parent is more than providing for your children in the now, it is also about providing for them in the future. Estate planning is important for everyone and it can be a little scary for some, as none of us want to think about the worst case scenario. As a single parent, you may be even less inclined to think about what would happen should you no longer be here to take care of your children but planning for the worst case can help you enjoy the best moments feeling peaceful.

So You've Been Named An Executor. Now what?You’ve been named an executor? What an honor! We know it’s an honor that comes with significant responsibilities and we are here to help you make sense of them and feel confident that you know exactly what this position entails. This role requires careful attention to detail, organization, and a commitment to fulfilling the wishes of the deceased. If you find yourself in this position, it's essential to understand the steps involved and the role you'll play in settling the estate.

Securing Her Legacy: Tailored Estate Planning Strategies for WomenWe believe estate planning is essential for everyone regardless of age, wealth, or gender – but it may be even more important for women as they encounter unique circumstances. Everyone knows women still have to fight for equality in many aspects but did you know that this is true when it comes to estate planning, too? Considering 94% of women believe they’ll be entirely responsible for their finances at some point in their lives, it is a priority for women to properly plan for their futures.

You Created Your Trust: Now What?Congratulations on creating your trust, what an exciting time! Now that you've successfully recorded all your wishes, it's time to make sure your trust is legally enforceable so that you can be certain your loved ones will be protected if anything should happen to you.

Prudential and GoodTrust Unite: Empowering Black Families for Generational WealthThe impact that estate planning has on generational wealth within Black communities cannot be overstated. Although 33% of Black adults recognize the importance of having a will, less than half of that group has taken the step to create one. This hesitancy contributes to the broader trend that Black families are less likely to engage in estate planning compared to their White counterparts. Consumer Reports highlights this gap showing that 77% of Black Americans lack a will as opposed to 61% of White Americans. This disparity may be due to several factors including misconceptions surrounding the importance of estate planning, a historical mistrust toward institutional systems, and a lack of estate planning discussion among family members.