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Last Updated on February 16, 2024 by Insurdinary Editorial Team | Fact Checked by Rhonda Gary -->
Founded in 2020 by Rikard Steiber, GoodTrust offers estate planning services and specializes in helping its clients manage their digital legacies. It’s among a recent wave of service providers filling an often-forgotten niche. As people increasingly use various digital platforms to store data, share stories or photos, and run businesses, their digital property becomes nearly inaccessible to trusted loved ones and business partners.
Insurdinary’s GoodTrust review examines how its services are transforming how clients protect their digital assets after death. Explore where GoodTrust excels and falls short and how it might help you ensure the right people can access your online accounts. Find out whether GoodTrust can give you peace of mind with our comprehensive GoodTrust platform evaluation.
Disclaimer:
All, or some of the products featured on this page are from our affiliated partners who may compensate us for actions and or sales completed as a result of the user navigating the links or images within the content. How we present the information may be influenced by that, but it in no way impacts the quality and accuracy of the research we have conducted at the time we published the article. Users may choose to visit the actual company website for more information.
GoodTrust fills an exploding niche of digital asset coverage. Digital assets are online belongings rather than physical items. For example, you might have social media profiles or run an online business.
Family members and other pertinent parties may struggle to regain account access after the user dies, instigating an arduous process to recover those profiles and their contents. Plus, your online activity often involves more than a Facebook presence or Twitter feed. Many Americans increasingly use the internet to:
If your loved ones can’t access these assets, they miss out on treasured memories or much-needed resources. GoodTrust helps you organize passwords, email addresses, estate-planning documents, and more.
GoodTrust designed its most popular services to simultaneously protect and simplify access to its customers’ digital legacies. Our GoodTrust features overview identifies what you can access with a plan.
Do you know what will become of your belongings following your death? Even if you are young and healthy, unpredictable circumstances can change your life and leave your family grieving. GoodTrust allows you to create a free will online.
You can bestow peace of mind unto your loved ones in as few as 15 minutes. After drafting your will, print it and sign it along with two chosen witnesses, making it legally binding.
When compiling this GoodTrust review, we were pleased to find that the paid plan stores your funeral and pet directives as well. You can outline your funeral services, have a clear plan surrounding your funeral insurance and the futures of any pets left behind in as much detail as you like. Both directive services involve four simple steps:
GoodTrust offers a digital vault to store your legal documents and account information for loved ones, business associates, and other pertinent parties to easily access if you pass away. The vault covers:
While our GoodTrust review finds that its services are excellent tools, it also explores how the company might fall short of similar service providers. You may prefer a competitor if you want such services bundled with your estate planning needs.
GoodTrust does not offer legal advice or staff attorneys. You must seek outside assistance if you want or need a lawyer to facilitate plans. GoodTrust provides a secure storage hub for documents, delegation plans, and digital access.
Similarly, GoodTrust’s legal documents, such as wills, only apply to federal laws. If your state has different legislative or legal requirements for binding documents, you must adjust them accordingly. This may increase the need for professional legal assistance to ensure your loved ones and associates can easily adhere to your state’s requirements.
GoodTrust does not provide financial advice to its customers. You may need additional services from other parties to help you delegate your estate and assets as needed. Like its lack of legal guidance, the absence of licensed financial advisors leaves a gap that only professionals near you can fill.
Using GoodTrust is as easy as creating an account and providing your billing information. Its intuitive interface makes for a simple user experience. You can either pay a one-time fee to access its suite or pay annually to edit as needed.
How does GoodTrust know when a user passes away? Each account possesses a feature known as the Dead Man’s Switch. The service sends you occasional check-in emails to ensure you are still alive.
You’ll determine the frequency you’ll receive these emails and how long the service should wait for confirmation before flipping this switch. If the service doesn’t receive your response within that time frame, it’ll notify your designated deputies. The deputies can start carrying out your final wishes on your behalf.
Are GoodTrust’s services right for you? Or should you explore alternatives? You’ll find some perks and pitfalls listed below to help you decide.
GoodTrust’s comprehensive estate planning service offers expected and surprising returns on investment, including:
Drawbacks that might put potential customers off of using GoodTrust include:
GoodTrust offers its followers the following pricing models:
Be sure to navigate GoodTrust’s pricing page for more details on what is covered each plan.
Our review of GoodTrust services also explores whether current customers find value in the brand. What do other people think about this cutting-edge service?
Ultimately, our GoodTrust reputation analysis shows that, while the company is still young, it supplies what it promises to deliver.
Insurdinary finds GoodTrust useful for people using devices or the internet. We recommend this service as part of our final GoodTrust review. It’s affordable, user-friendly, and reliable. At Insurdinary, we value comprehensive financial security. Our partnership with GoodTrust aligns with our commitment to offer not just insurance coverage but also essential services, such as wills and estate planning, ensuring holistic protection for you and your loved ones.
Explore the FAQs about GoodTrust: Legitimacy, Costs, Free Trial, Digital Legacy, Payment Methods, and Editing Your Documents.