Executor’s Resource Launches Estate Web Tool

Executor’s Resource launched EstateLogic, an estate and legacy preparation Web offering.

The Louisville, Colorado-based company said the EstateLogic product is designed for advisers to help Baby Boomers prepare for the transfer of their financial assets and personal legacies to successive generations.

According to a press release, EstateLogic is a secure, Web-based tool that walks clients through the process of organizing, communicating, and archiving the details of their estate and personal legacy. It also offers how-to content and resources. The product is designed for individuals to use in collaboration with a financial adviser.

Executor’s Resource said it is distributing EstateLogic through advisers and financial services institutions through its Advisor as Partner program. It offers advisers discounted rates for their clients, co-branding opportunities and marketing and service materials and is designed to be complementary to what financial advisers offer. Executor’s Resource is building relationships with financial adviser networks to add EstateLogic to their service offering, the company said.

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The release said in today’s market turbulence, Baby Boomers expect more out of their advisers, seeking to understand how investment performance impacts lifestyle choices from health care to when to retire, to charitable giving and tax planning. Carl “Skip’ Rapp, CEO of Executor’s Resource, said in the release that advisers who look for the whole picture will be rewarded in their businesses.

“With trillions of dollars transitioning between generations over the next several decades, advisers need to lay a solid foundation now with their clients and their families in order to be successful in capturing and retaining assets,’ Rapp said. “Money in motion goes hand in hand with client emotion. The costs and pain associated with a loved one’s passing can be greatly reduced when an estate has been properly organized in advance and all of the players are cognizant of their tasks and responsibilities.’


More information is available at www.executorsresource.com.

Hartford To Participate in Money Market Guarantee Program

The Hartford Mutual Funds decided to participate in the new Money Market Fund Guaranty Program from the U.S. Treasury.

According to an announcement, the Hartford Money Market Fund and the Hartford Money Market HLS Fund will participate in the new money market fund guaranty program recently established by the U.S. Treasury. Shareholders in The Hartford’s money market funds as of September 19 will be eligible for all of the program’s benefits (see “Treasury Opens Guarantee Program for Money Funds“).

The decision to participate was driven by a desire on the part of The Hartford Mutual Funds to provide protection and peace of mind to money market fund shareholders during a historically volatile market period, according to the press release.

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The Hartford reiterated that their money market funds do not hold any Lehman Brothers debt in their portfolios.

Other Participants

The Hartford is the latest of several money market mutual funds to announce their participation in the program, including Neuberger Berman (see “Neuberger Berman Signs Funds Up for Treasury Guarantee“), Wilmington Trust (see “Wilmington Trust to Participate in Treasury Guarantee Program“), UBS (see “UBS to Apply for Money Market Guarantee Program“), Morgan Stanley (see “MSIM Signs Up for Treasury Guarantee Program“), and Putnam (see “Putnam Signs Up for Money Fund Guarantee Program“).

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