Calgary, Canada (PRWEB) April 16, 2014
Today, QuickEstate Administrators Inc. announced the public launch of the Canadian version of its online estate settlement toolkit: http://www.quickestate.ca. A U.S. version is planned for release later in the year.
The number of deaths in Canada is projected to grow by 70% over the next 10 years; this means that the estimated 253,000 deaths in 2013 will grow to 429,000 by 2023. More and more technology and internet-savvy baby boomers are being named executors of their parent’s estates.
President and founder, Melissa Best MBA, CFA, TEP, spent 32 years managing money for individuals, estate and trusts. She saw, first hand, how challenging the job of executor could be. “Most executors have no idea what they are getting into in terms of the amount of work and responsibility involved. For people who are grieving with no idea where to start, the role of executor can be daunting,” states Melissa.
QuickEstate provides a roadmap and a complete set of tools to take an executor from feeling overwhelmed and confused to having a clear understanding of what to do at every step, giving them confidence and putting them in control of the process.
Paying a professional to settle even the simplest estate is costly and time consuming. It’s frustrating for the named executor and for the beneficiaries, who are anxious to get their money. “Over the years, many of my clients who hired professional executors told me that it would have been faster and cheaper to have done it themselves,” states Melissa.
“Most work involved in settling an estate involves gathering information and sending letters of instruction: tasks that anyone with basic business knowledge and computer skills can do themselves. People don’t need to pay hundreds of dollars an hour for simple administrative work,”says Melissa.
QuickEstate costs less than 80% of what professional executors charge.
Technology has created workflow efficiencies in many fields, but until now, no one has developed software in this area. “The use of cloud based technology creates administrative economies of scale,” says Tyler Brill, Chief Technology Officer. “Our proprietary tools allow an executor to process the work quickly and easily, keeping them organized and on track at all times.”
QuickEstate provides information and tools at each stage of the process, covering The Funeral, Executor Duties, The Will & Beneficiaries, Administrative Activities, Assets & Liabilities, Income Tax & Distributions.
QuickEstate’s proprietary tools include:
1. QE Get Informed Content- over 90 pages of expert advice to reduce risk,
2. QE To Do Lists – 650 customizable action items, so nothing is missed,
3. QE Templates – over 150 auto fill letters and forms to expedite the work,
4. QE Inventory – a user friendly tool for gathering important financial facts,
5. QE Contacts – a contact management system to track everyone involved.
According the National Funeral Directors Association (http://www.nfda.org), the trend in the industry is to rely more on computers and software to help the deceased’s families and their executors.
With 20,000 funeral homes in North America and hundreds of thousands financial advisors wanting to assist their executor clients, QuickEstate is poised to take advantage of the growing need for online estate administration.
QuickEstate can also be used as an estate organization tool by individuals and financial advisors who wish to organize their affairs before death and by executors who want to get prepared ahead of time.
Because every estate is different and no two estates take the same amount of time to settle, QuickEstate is sold as a monthly subscription. Users can access the toolkit for as long as they need it.
QuickEstate is available for only $49.98 per month from http://www.quickestate.ca, with an introductory offer of 6 months for the price of 5 months.
QuickEstate, based in Calgary, Canada, was founded in 2010 by Melissa Best MBA, CFA, TEP who spent 32 years managing money for high net worth clients, estates and trusts at Canada’s top firms. Melissa is supported by a team of professionals with over 100 years of combined experience in software and financial product development. A Canadian company developed QuickEstate’s proprietary technology. Leading estates and intellectual property lawyers in Canada and the United States provides legal oversight.
Melissa Best, President and Founder