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Wealthcare Planning from Financeware (Wealthcare)
Offers estate planning tools including asset flow modeling, wealth transfer strategies, estate tax calculations, and trust planning capabilities. Integrates estate planning with retirement and investment planning in a goals-based approach.
More about Financeware (Wealthcare)
Product analysis by function
Estate Planning Tools for Financial Planning
Software for modeling estate tax scenarios, trust planning, charitable giving strategies, and intergenerational wealth transfer planning.
More Estate Planning Tools
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Core Estate Planning Modeling
(6 Yes /6 Known /11 Possible features)
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Estate Tax Scenario Modeling Ability to model federal and state estate tax liabilities based on client information and changing legislation. |
Wealthcare Planning advertises estate tax calculations and scenario modeling within its estate planning tools. | |
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Multi-Year Projections Capacity to project estate, gift, and generation-skipping tax over multiple years. |
Multi-year projections are core to scenario analysis and wealth transfer strategies described in product materials. | |
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Customizable Assumptions Allows users to set or override assumptions such as growth rates, inflation, mortality, and discount rates. |
Customizable assumptions are indicated as part of their goals-based (user-driven) modeling engine. | |
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Scenario Comparison Compares multiple estate planning strategies side-by-side including impacts on taxes, distribution, and liquidity. |
Scenario comparisons are implied by the ability to model different wealth transfer or trust strategies against each other. | |
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Beneficiary Modeling Supports flexible structuring and allocation among multiple beneficiaries or classes. |
Beneficiary modeling is part of estate and trust allocation/flow modeling as described in product overview. | |
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Probate Analysis Ability to estimate probate costs and duration for various estate plans. |
No information available | |
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Digital Asset Inclusion Allows modeling and inclusion of digital assets (e.g., crypto, online accounts) in estate plans. |
No information available | |
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Asset Titling Analysis Analysis of optimal asset titling/ownership structures (JTWROS, Tenants-in-Common, Trust, etc.). |
No information available | |
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Integrated Liquidity Analysis Evaluates estate liquidity needs and gaps to pay tax and expense obligations. |
Integrated liquidity analysis is a key component for estate tax and expense calculations highlighted in marketing material. | |
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Inheritance Equalization Tools Functions to model and help achieve equalized inheritances among children/beneficiaries. |
No information available | |
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Speed of Estate Plan Calculation The typical time required for the system to generate a comprehensive estate plan scenario. |
No information available |
Trust & Entity Planning
(2 Yes /2 Known /10 Possible features)
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Trust Type Support Supports modeling and analysis of major trust types: revocable, irrevocable, GRATs, CLATs, SLATs, etc. |
Product states support for various trust types in its trust planning capabilities. | |
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Trust Distribution Analysis Simulates different trust payout/distribution options (unitrust, income-only, discretionary, etc.). |
No information available | |
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Entity Planning Support Capability to model family limited partnerships (FLPs), LLCs, S-corps, and related entity planning. |
Entity planning support is indicated (FLP, LLC, trusts) in documentation and demo videos. | |
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Trust Remainder Calculations Automatic calculation of remainder interests, including for charitable and split-interest trusts. |
No information available | |
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Trust Funding Recommendations Suggests optimal funding amounts/types for various trust structures. |
No information available | |
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Crummey Power Modeling Supports annual exclusion gifting via Crummey withdrawal power provisions. |
No information available | |
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Dynasty Trust Planning Models advantages and GST impact of long-term dynasty trusts. |
No information available | |
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Trust Asset Allocation Analysis Ability to recommend or analyze portfolio allocation within trust accounts. |
No information available | |
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Automated Trust Flowcharts Visualizes trust structures, beneficiaries, and flows over time. |
No information available | |
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Trust Income Tax Modeling Calculates the trust’s ongoing income and capital gains taxes. |
No information available |
Gifting, Philanthropy, and Charitable Planning
(0 Yes /0 Known /10 Possible features)
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Annual Exclusion Tracking Monitors client’s available annual gift exclusion for tax-free gifts. |
No information available | |
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Lifetime Gift Tracking Tracks use of federal/unified credit for lifetime gifts against estate tax exemption. |
No information available | |
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Present Value Gift Calculations Calculates present and future value of gifts, adjusted for growth and discount factors. |
No information available | |
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Charitable Remainder Trust Modeling Models CRTs and simulates benefits for income, remainder, and tax effects. |
No information available | |
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Charitable Lead Trust Modeling Models CLTs and forecasts benefits to charity and heirs. |
No information available | |
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Donor-Advised Fund Integration Allows planning for and tracking of DAF contributions, grants, and tax effects. |
No information available | |
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Qualified Charitable Distribution (QCD) Modeling Analyzes QCD strategy from IRAs and their tax benefits. |
No information available | |
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Philanthropy Scenario Comparison Compares alternative gifting methods and vehicles by net impact for client, heirs, and charities. |
No information available | |
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Charitable Deduction Calculator Estimates tax deduction available from cash or property donations. |
No information available | |
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Gift Tax Return Preparation Support Prepares or populates IRS Form 709 and records lifetime reporting history. |
No information available |
Intergenerational Wealth Transfer
(4 Yes /4 Known /9 Possible features)
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Generation-Skipping Transfer Tax Modeling Forecasts GST exposure and allocation of GST exemption to trusts and direct skips. |
Estate planning materials reference GST and intergenerational transfer scenario analysis. | |
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Heir Distribution Schedules Outlines schedules and amounts for transfer to children, grandchildren, or other generations. |
Heir distribution and allocation schedules part of flow modeling and reporting. | |
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Multi-Generational Scenario Planning Simulates the effect of various strategies across two or more generations. |
Simulates impacts across multiple generations; this is explicit in generation-skipping and legacy modules. | |
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529 and Education Trust Analysis Models education-focused wealth transfer using 529s and trusts. |
No information available | |
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Dynasty Trust Planning Projects the longevity and benefits of dynasty and perpetual trusts. |
Dynasty/perpetual trust projections are specifically called out as a use-case. | |
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Intra-family Loan Modeling Simulates and tracks intra-family loans and their compliance with IRS requirements. |
No information available | |
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Equalization Algorithms Provides automation or recommendations for equalizing inheritance among heirs with different needs. |
No information available | |
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Annual Transfer Limit Calculations Calculates maximum yearly gifts to each beneficiary under current law. |
No information available | |
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Trust Decanting Scenario Analysis Models potential advantages and implications of trust decanting over generations. |
No information available |
Regulatory Compliance & Risk Management
(4 Yes /4 Known /9 Possible features)
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Real-Time Regulatory Updates Automatically integrates updates to federal and state estate tax law and rates. |
Marketing materials emphasize regulatory updates tied to estate/gift tax law changes. | |
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Audit Trails & Versioning Chains user actions and scenario changes for regulatory review or compliance audits. |
No information available | |
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Automated Compliance Checks Identifies missing or non-compliant documentation/data before plan finalization. |
No information available | |
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Document Storage & Retrieval Stores supporting documents/lawyer notes securely and links to client records. |
Secure document management and sharing is described as part of the client-advisor workflow. | |
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E-signature Integration Supports secure e-signing for wills, trusts, and related documents where permitted. |
Electronic document execution (including e-signature) is specified in product integrations. | |
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Fiduciary Duty Monitoring Tracks recommendations for adherence to the advisor’s fiduciary duty. |
No information available | |
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Customizable Compliance Workflows Allows tailoring of review and approval flows to firm policy. |
No information available | |
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Red Flag/Alert Notification System Notifies advisors of urgent compliance or documentation gaps. |
No information available | |
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Integration with Attorney Portals Facilitates secure workflow and data sharing with external attorneys. |
Integration with external counsel/attorney portals mentioned as part of workflows. |
Integration & Data Management
(3 Yes /3 Known /9 Possible features)
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Financial Planning Software Integration Bidirectional integration with popular financial planning platforms (e.g., eMoney, MoneyGuidePro). |
No information available | |
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Custodian/Account Aggregation Imports account, asset, and beneficiary data directly from custodians and banks. |
No information available | |
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CRM Integration Seamless bi-directional sync with major CRM systems (Salesforce, Redtail, Wealthbox, etc.). |
No information available | |
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API Availability Offers public APIs for data extraction, import, and integration into custom workflows. |
No information available | |
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Bulk Data Import/Export Enables high-volume CSV/Excel/XBRL data transfer for migration or analysis. |
No information available | |
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Secure Client Portals Clients can upload, view, and approve documents and proposals via secure portals. |
Client portal access and secure document approval is a selling point. | |
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Law Firm Integration Facilitates collaboration between advisory firms and law firms writing documents. |
Collaboration with legal teams/law firms is emphasized in feature summary. | |
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Version Control for Shared Plans Keeps a changelog for shared editing and scenario building between professionals. |
Version history and shared-plan tracking referenced in collaborative scenario tools. | |
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Automated Data Validation Runs checks on imported data for accuracy and consistency. |
No information available |
User Experience & Usability
(1 Yes /1 Known /9 Possible features)
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Drag-and-Drop Scenario Builders Intuitive, visual builders for estate plans and flowcharts. |
No information available | |
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Mobile and Tablet Compatibility Optimized user experience on mobile and tablet devices for on-the-go access. |
No information available | |
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White Labeling Enables branding of reports and portals with firm logos and colors. |
No information available | |
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Guided Workflows Step-by-step flows help less-specialized users conduct advanced planning. |
No information available | |
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Integrated Help & Training Resources In-app help, FAQs, and tutorials tailored to common estate planning topics. |
No information available | |
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Customizable Dashboards Personalized dashboard views by advisor role or client needs. |
No information available | |
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Real-Time Collaboration Multiple advisors/stakeholders can edit and comment simultaneously. |
User/advisor collaboration in plan-building is enabled by system and highlighted in demos. | |
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Accessibility Features Supports screen readers, alternative data entry, and ADA compliance. |
No information available | |
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Onboarding Speed Average time required for a new user to be on-boarded and proficient. |
No information available |
Client Communication & Reporting
(4 Yes /4 Known /9 Possible features)
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Customizable Reports Produces branded, client-friendly reports summarizing estate plans and outcomes. |
Branded report output with client-friendly summaries noted as a product feature. | |
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Interactive Visualizations Dynamic estate flowcharts, distribution visualizations, and tax analysis outputs. |
Dynamic visualizations and flowcharts for estate and tax are described as value differentiators in sales collateral. | |
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Secure Document Delivery Sends final documents with multi-factor authentication and tracking. |
Secure document transmittal and delivery included in client workflows. | |
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Email/Message Integration Built-in capability for secure client communication and notification. |
No information available | |
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Versioned Document History Maintains a full record of document versions and delivery/approval logs. |
Full record/document trails for versioning and compliance purposes are offered. | |
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Client Feedback Collection Clients can directly review, comment, or give digital approval of plans. |
No information available | |
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Presentation Mode Dedicated tools for presenting estate plans in client meetings. |
No information available | |
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Translation/Localization Reports and interfaces available in multiple languages. |
No information available | |
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Batch Reporting Speed Time required to generate a set of reports for multiple clients. |
No information available |
Security & Privacy
(4 Yes /4 Known /9 Possible features)
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Multi-Factor Authentication (MFA) Requires MFA for all advisor, staff, and client logins. |
Multi-factor authentication specified as part of their security for client/advisor portals. | |
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Data Encryption In-Transit and At-Rest All estate planning data are encrypted using industry best practices. |
Data encryption (in transit/at rest) referenced in privacy policy and platform security claims. | |
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Role-Based Access Control Enforces least-privilege access to sensitive data based on user role. |
Role-based permissioning for sensitive data is described for user/admin roles. | |
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Comprehensive Audit Logs Tracks every login, document access, and transaction performed in the system. |
No information available | |
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Regular Security Audits Product and infrastructure are tested on a set frequency for vulnerabilities. |
No information available | |
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Granular Sharing Permissions Allows sharing of select portions with clients, co-advisors, or attorneys. |
No information available | |
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Data Residency/Retention Controls Lets users select region for data storage and implements custom retention policies. |
No information available | |
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Privacy Compliance Monitoring Features to track compliance with relevant data privacy regulations (GDPR, CCPA, etc.). |
Monitoring for privacy compliance is referenced with respect to GDPR/CCPA and broad regulatory coverage. | |
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Encryption Key Management Secure lifecycle management for all encryption/decryption keys. |
No information available |
Scalability & Performance
(3 Yes /3 Known /8 Possible features)
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Concurrent User Support Maximum recommended number of users working simultaneously without slowdown. |
No information available | |
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Load Testing Certification Tested/guaranteed performance under specified high-volume transaction loads. |
No information available | |
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Uptime Guarantee Service level commitment to system uptime. |
No information available | |
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Multi-Office/Multi-Tenancy Support Supports separate environments for different offices, advisors, or sub-firms. |
Multiple-office/multi-tenancy scenarios described for enterprise clients. | |
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Latency Average system latency under typical advisor use. |
No information available | |
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Cloud-Based Scalability System is cloud-native and can autoscale as user base or data grows. |
The solution is marketed as cloud-native, with auto-scale and SaaS delivery as key attributes. | |
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Batch Processing Capability Processes large datasets (e.g., client imports, scenario creation) in batches. |
Batch processing for client/group scenario roll-ups referenced in documentation. | |
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Mobile Sync Speed Synchronization delay between devices and main platform. |
No information available |
Support, Training & Vendor Reliability
(4 Yes /4 Known /9 Possible features)
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24/7 Customer Support Live, round-the-clock support by email, chat, or phone. |
24/7 support referenced in platform service/support materials. | |
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Onboarding & Implementation Support Dedicated specialists guiding initial setup, training, and best practices ramp-up. |
Onboarding and implementation support with dedicated setup is outlined in service description. | |
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Comprehensive User Documentation In-depth guides and written/video tutorials explaining all features. |
Extensive user/documentation and training resources cited as part of Wealthcare's support. | |
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Continuing Education Resources Regular workshops, webinars, or CE-eligible courses for estate planning. |
No information available | |
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Community/User Forum Online forum for peer discussion, tip sharing, and best-practice exchange. |
No information available | |
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Vendor Longevity & Financial Stability Track record of financial health and ongoing product development. |
Financeware/Wealthcare is a longstanding, well-financed vendor frequently mentioned in industry reviews. | |
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Disaster Recovery Guarantee Commitment and systems to restore operations in the event of major outage. |
No information available | |
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Service Level Agreement (SLA) Clearly documented SLAs including support response timelines and remedies. |
No information available | |
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User Satisfaction Metrics System for collecting, tracking, and improving user satisfaction (e.g., NPS, CSAT). |
No information available |
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