How Financial Advisers Can Use Technology to Enhance Inheritance Planning

11 Feb

Inheritance planning is more than just passing down wealth—it’s about ensuring a smooth transition, protecting legacies, and fostering family harmony. Yet, many advisers struggle with client engagement, lost documents, and siloed communication. The right adviser tech can change that.

The Growing Importance of Inheritance Planning

Over £5.5 trillion is set to be passed down in the UK over the next 30 years.
54% of advisers say client engagement in inheritance planning is a challenge.
Only 1 in 3 clients discuss inheritance with their financial adviser.
Studies show that 70% of wealth transfers fail due to lack of communication and preparedness.

These statistics highlight the urgent need for financial advisers to take a more structured approach with the help of advanced tech.

How Technology Can Streamline Inheritance Planning

A client portal for financial planning can significantly enhance inheritance discussions, making them more transparent and actionable. Here’s how Digital Wealth Solutions supports financial advisers:

Built-in Estate Summary

Empower clients to complete their own estate summary, all important details securely stored in one place.

Secure Document Vault

Store wills, trusts, and critical documents in a secure, accessible location.
Ensure that important paperwork is never lost or misplaced.

Multi-Generational Engagement

Invite beneficiaries to secure online meetings, fostering transparency and trust.
Use guest access to educate heirs on wealth transfer strategies.

Compliance & Audit Trails

Every client interaction is securely logged for compliance and client protection.
Ensure financial plans remain aligned with legal and regulatory requirements.

Boost Client Engagement with Tech Tools

A software advice client portal simplifies complex discussions, keeping clients engaged.
Automated reminders and task management keep wealth planning on track.

Empowering Advisers with Digital Wealth Solutions

Inheritance planning doesn’t have to be complex. With the right adviser tech, financial professionals can simplify estate planning, improve client engagement, and ensure smooth wealth transfers for future generations.

At Digital Wealth Solutions, our platform is designed to help advisers manage wealth efficiently while providing a seamless experience for their clients.

Ready to take action? Book a demo today and discover how our tech tools for financial advisors can transform your approach to inheritance planning!

Lauren Taw

Meet Lauren, our Community Manager at Digital Wealth Solutions! 🌟

✅ Over 10 years in customer service roles across different industries.
✅ Joined us in 2022, bringing extensive experience in client solutions, process optimisation, and creative design.
✅ Holds a BA Hons in Photography and a Diploma in Digital Marketing - combining creativity with technical prowess.
✅ Passionate about innovating with our community and enhancing platform communication.

🌍 Fun Fact about Lauren: From being stalked by a jaguar in the Amazon to swimming with sharks, Lauren’s 9-month South American adventure sure was thrilling! 🦈 🐆 Bonus: If you’ve ever heard a familiar voice in the London Underground, it might’ve been hers! 🚇 🎙

🔗 Lauren is dedicated to enhancing user experience and delivering top-tier service to our clients, while also managing community marketing.

https://www.linkedin.com/company/digital-wealth-solutions