Estate Planning pop quiz — Test your IQ

Question 1

Which statement best reflects what is shifting in Estate Planning?

Accepted Answer

AI-driven automation is the dominant trend in Estate Planning

Answer

The category is shrinking as advisors return to spreadsheets

Answer

Most vendors in this space were acquired by a single private equity firm in 2023

Answer

Regulation has frozen new product development in this category

Question 2

Which of these best describes "Estate Planning"?

Accepted Answer

Tools for summarizing legal documents, modeling wealth transfer, and facilitate digital doc prep.

Answer

Specialized platforms that aggregate, normalize, and store advisor data from multiple systems into a single source of truth for custom re...

Answer

Psychometric and game-theory tools used to quantify client biases, values, and decision-making styles to hyper-personalize financial plans.

Answer

Automated platforms providing email, social media, and web content to drive lead nurturing and client retention.

Question 3

Which two of these vendors do NOT compete in Estate Planning? (pick two)

Accepted Answer

Capitaliz

Answer

Vanilla

Answer

EncorEstate Plans

Question 4

How would you characterize AI's impact on Estate Planning today?

Accepted Answer

AI is materially reshaping how this work gets done

Answer

AI has no application in this category

Answer

This category is fully automated and no longer needs advisors

Answer

AI is regulated out of this category in the US

Question 5

Which estate planning platform is most widely adopted by RIAs for document drafting?

Accepted Answer

Wealth.com

Answer

Vanilla

Answer

Trust & Will

Answer

EncorEstate