Yourefolio Releases New Flow-Charting Capabilities in Industry Leading Estate Planning Software Technology Platform
Innovative use of "Icons" visually representing assets, liabilities, and corresponding ownership transfers create a powerful communication tool for advisors to use with clients to simplify complex estate planning issues.
WESTLAKE, Ohio, Jan. 28, 2019 /PRNewswire-PRWeb/ -- Yourefolio, the leader in professional driven estate and legacy planning software announced today the release of the most innovative flowcharting capabilities in the industry.
The enhanced flow-charting capabilities will be the first of their kind in the industry. "Icons "– visual displays of assets, liabilities and ownership transfers - are derived from various information within the Yourefolio database and populate the intuitive interface. Advisors will have the ability to drag and drop whichever icons they wish into the screen and move them to any position desired to visually explain the impacts of wealth transfers. This unique ability will save advisors time by removing any manual efforts in creating visual displays.
"What makes the experience seamless is the communication within the flow-charts," said Scott Huff CEO of Yourefolio. "While the industry has been stuck with basic options for flow-charting, these were limited by incomplete functionality and data connections. Now with Yourefolio's enhanced flowcharting capabilities, monetary totals are automatically re-calculated 'on the fly,' making it a much more dynamic and interactive experience for clients and advisors."
For example, if a professional would like to illustrate how adding a trust to their client's estate or financial plan looks, they simply add the icon to the flow-chart. Once the client agrees to this plan of action, the information is automatically updated in the Yourefolio database, enabling advisors to quickly expand the plan for the client.
While two-way communication was one enhanced feature, adding and subtracting totals within the flow-charts was equally important. Now, a professional can show monetary flow through the flow-charts and change amounts within each node, or action step. The totals will reflect how inheritance can change and how cash flow and other strategies can be accomplished. Yourefolio has added its estate tax calculations, both Federal and State as icons and totals to the charts. Now any scenario can be illustrated.
"Advisors have been asking for this type of flow-charting for years," said Huff. "Now professionals will have the most elaborate flow-charting capabilities at their fingertips."
Yourefolio's intuitive user interface enables enhanced personalization such as including clients' faces to appear, icons to look like cars, homes and other related items. Templates can now be created, saved and reused along with the ability to just create a basic flow-chart. Notes can be added to further an explanation.
"Illustrations in estate planning and financial planning will be revolutionized with Yourefolio's new enhanced capabilities," said Huff.
Any current users of Yourefolio will get a scheduled release starting on January 31, 2019. New users will see it appear on their platforms as of February 15, 2019. In addition to the new flow-charting, Yourefolio has been on an aggressive integration development campaign. Newly released integrations and single sign on's within the platform, include Orion, Schwab, Wealthbox CRM, Clio, InterActive Legal and Junxure have been or are scheduled for release. Single sign on with AdvicePay and Right Capital are being completed. Custom Salesforce integrations are also available.
Yourefolio will be exhibiting at the upcoming Technology Tools for Today (T3) conference to be held January 29-February 1, 2019 in Denton, Texas as well as at the TD Ameritrade Institutional LINC conference to be held February 6-9, 2019 in San Diego, California.
For more information please visit: https://www.yourefolio.com/
For media inquiries:
Timothy Welsh
Nexus Strategy, LLC
tim(at)nexusstrategy(dot)com
415-847-4874
About Yourefolio:
Yourefolio is the leader in estate and legacy planning technology. Created by Scott Huff, a registered representative and investment advisor representative since 2001. With the help of industry professionals Yourefolio has become the go to software for professionals who wish to include estate planning in their suite of services. Yourefolio is the most comprehensive estate and legacy planning software available today. https://www.yourefolio.com
SOURCE Yourefolio
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