Estate Settlement Software
An intelligent, secure platform to manage information and activity throughout the settlement process.
Need help settling an Estate?
Start here.
Settling an Estate is overwhelming. Most people tasked with the job have little guidance on where to start and what to do. If you are an executor or successor trustee, Legacy Logix will help you understand your role and the tasks ahead, and give you a place to keep everything centralized and under control.
Use it to organize and analyze all the moving parts, share information with key stakeholders, and track activity and the flow of funds throughout the settlement process.
Get started with a checklist that helps you understand and manage the settlement process
Jump right into this interactive tool that lists the key activities to manage throughout the settlement process. It’s a great overview of what you need to think about, and easy to modify to fit your needs. Delete any tasks that don’t apply to your situation and add new tasks as they arise. Keep notes and check off tasks as they are completed.
Gather essential documents and assets into a smart repository
Bring together Estate documents and assets and upload them into the secure digital vault.* These documents include instructions to settle the Estate and provide the evidence needed to interact with financial institutions and government agencies.
Legacy Logix’s private and secure AI organizes and analyzes everything you’ve uploaded to help you understand the estate's assets, their value and ownership, and a list of people and organizations (stakeholders) with a role in settling the estate.
*If your loved one already has a Legacy Logix vault for their Estate, it can easily transition to you as the settlement manager.
Auto-discover Estate stakeholders and invite them in to view progress.
Legacy Logix will automatically identify every person and organization named in the Estate documents, along with their roles. These key stakeholders are then added to a contact list in your Legacy Logix environment.
You can edit their contact information and add other stakeholders involved in the settlement. You can also invite key stakeholders into the vault and share the information they need to understand and fulfill their role.
Consolidate and share insights into Estate assets
A critical part of settling an Estate is finding, documenting, and giving visibility into the available assets. Many beneficiaries get nervous if they don’t understand what’s happening and how it affects them personally.
Legacy Logix makes it easy to gather the Estate’s assets and share professional, accounting-ready insights. Creating a strong audit trail and documentation can not only help bring comfort to the Estate’s stakeholders, but can also help the settlement manager avoid future problems.
Track settlement expenses
You are likely to incur expenses while settling an Estate. These can be maintenance expenses (like property utilities), expenses associated with the final wishes of the Estate holders (like the purchase of a headstone), or expenses associated with settling the Estate (like tax payments). These can be documented and easily shared with everyone who has a vested interest in understanding where the Estate’s money is going.
Clearly outline Estate distributions
The settlement manager's objective is to distribute all of the Estate's assets as instructed by the will or trust. Legacy Logix provides the tools to keep track of all distributions..
After consolidating the assets and documenting expenses incurred in settling the Estate, use Legacy Logix to calculate the distribution of the remaining assets to the named stakeholders, and show any assets that are withheld for future expenses.
“This saved me tons of time. It took me hundreds of hours to settle an estate the first time I had to do this. Their settlement checklist had everything I had to figure out on my own the first time, plus a lot more that I didn’t consider but should have. And it’s backed up by articles that explained things in plain English. They had all the tools I needed to document and share the estate with my family. And somehow, their technology figured things out without me having to read and understand complex documents.”
“Legacy Logix has been a major help in settling my parents’ estate. I can keep everything securely in one place and point all my siblings to it, so we don’t have documents flying everywhere. It also helps me record everything I’m spending and distributing, so everyone knows exactly where the money is going.”
How complex will your settlement process will be?
Take our 2-minute Settlement Assessment and get a free, personalized report sent directly to your inbox.
Looking for professional help? Connect with a legal expert.
We don’t offer legal services, but we partner with attorneys that specialize in probate and Estate administration. They can help executors and successor trustees navigate through complex and lengthy settlement processes.
Use Legacy Logix to manage your own Estate.
You can also use Legacy Logix to automatically monitor and manage your own Estate during your lifetime. Legacy Logix Estate Management makes it easy to keep your plan up to date over the years — ready to seamlessly transition into a settlement platform for your successors when it’s time.