Family Office Level of Care w/ Wealth.com Co-Founder Danny LohrfinkAFO|Wealth Management Forward
Family Office Level of Care w/ Wealth.com Co-Founder Danny Lohrfink
In this episode, Rory and guest co-host Julie Johnson interview Danny Lohrfink, co-founder and chief product officer at wealth.com , as they discuss the innovative technology that is modernizing the estate planning process. Danny shares how their platform facilitates the creation and ongoing optimization of estate plans, providing a frictionless experience for advisors and their clients. They also discuss the importance of holistic financial planning, including tax and estate planning, and how wealth.com enables financial advisors and CPAs to work with clients across generations. Discover the reasons behind Sinead O’Connor instructing her kids to contact her accountant before calling the paramedics in the event of her passing and the business issues surrounding Prince’s estate. Danny highlights the benefits of using a trust, such as avoiding probate, maintaining privacy, and preventing family members from dealing with the headache of the courts. He also explains how wealth.com‘s machine learning technology can help analyze estate planning documents, provide projections, and an integration with Zillow that streamlines the updating of estate planning documents when clients move states. Gain valuable insights into the future of estate planning and how CPAs and financial advisors are leveraging the technology to provide a Family Office Level of Care.