At American Riviera Bank®, we know planning for your family’s financial future includes ensuring your wealth transfers smoothly to the next generation, which is why we’re excited to introduce LegacyKit, a simple and convenient approach estate planning.
LegacyKit is available to ARB clients when you enroll in our free Carefull Financial Safety Service.
When a loved one passes, families often face a stressful financial scavenger hunt, spending hundreds of hours searching not only for financial accounts but also critical day-to-day information. According to industry estimates, approximately $73 trillion in wealth is expected to transfer from Baby Boomers to younger generations in the United States by 2030. This "Great Wealth Transfer" highlights the importance of having efficient estate-planning tools like LegacyKit to ensure assets and vital information are passed on smoothly and securely.
Traditional estate planning documents, while absolutely necessary, often miss the practical details that matter most in these difficult moments – where are the passwords kept? Which bills need immediate attention? Who holds the safe deposit box key?
LegacyKit represents a fundamental shift from static, outdated document storage to a dynamic, secure digital platform that simplifies estate and wealth transfer planning. Unlike traditional “vaults” that require constant manual updates, LegacyKit automatically keeps pace with your changing financial life.
LegacyKit links directly to financial accounts and continuously pulls in up-to-date information including bank accounts, investments, insurance policies, and recurring bills. This eliminates the need for manual updates that often go neglected in traditional systems.
The platform intelligently prompts users to add essential documents, PINs, beneficiary designations, key contacts, passwords, and important instructions. These practical details are critical for family members during difficult transitions.
Upon a user’s passing, Carefull validates critical information to verify the user’s death and securely delivers the full LegacyKit to the designated recipient(s). This ensures sensitive data reaches the right people at exactly the right time – no more, no less.
LegacyKit uses two-factor authentication, military-grade encryption, and zero-visibility architecture – ensuring that even Carefull itself cannot view your stored information.
A live, US-based Carefull Care Agent is always a call or click away to help with your LegacyKit.
If you aren’t already familiar with Carefull’s financial safety service, you can learn more and register here. Benefits include:
LegacyKit represents American Riviera Bank’s ongoing commitment to providing innovative solutions that protect not just your assets, but your family’s peace of mind. When paired with the financial safety service offered through Carefull, it can significantly reduce the emotional and logistical burden during one of life’s most challenging transitions.
Carefull typically costs $299 per year but is offered for free to ARB clients.
Get started or learn more here.
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