It’s not a vault: Carefull’s new LegacyKit automatically collects and delivers what families actually need as wealth changes hands.

Carefull, the first financial safety platform built specifically for older adults and their families, announces the launch of LegacyKit, a secure digital solution that automatically and seamlessly collects essential financial information and ensures it reaches loved ones when it’s needed most—while giving financial advisors a powerful new way to build next-generation relationships and reduce asset attrition.

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It’s not a vault: Carefull’s new LegacyKit automatically collects and delivers what families actually need as wealth changes hands.

When a loved one passes, families often face a stressful scavenger hunt, spending hundreds of hours searching not only for financial accounts, but also critical day-to-day information: passwords, insurance documents, healthcare contacts, digital logins, even the location of a safe deposit box or the name of an estate attorney. Despite the $84.4 trillion in assets expected to transfer between generations by 2045, many families have yet to discuss wealth transfer plans. Meanwhile, advisors are under growing pressure to support both clients and their families through these difficult transitions.

Currently, more than 90% of heirs switch advisors after inheriting wealth. By facilitating early conversations and providing tangible support at the time of loss, LegacyKit helps advisors connect across generations and reinforce their broader value proposition. Existing document vault solutions are often time-consuming, or digital versions of analog issues—fragmented, often-outdated, and place a heavy manual burden on the advisor. LegacyKit streamlines and automates the entire process, starting with automatic account syncing and continuing with real-time updates, making it easier to deliver meaningful impact without added complexity.

A Simple, Secure Way to Ease Family Burden

LegacyKit enables clients to compile everything their family will need in one secure, digital location. Key features include:

• Automatic account syncing: Once clients connect their accounts, Carefull automatically pulls in and keeps updated key information like insurance policies, bank and investment accounts, and recurring bills.
• Guided checklists: Clients are prompted to add essential documents, passwords, PINs, beneficiary designations, and other “how-to” details heirs actually need that estate documents overlook.
• Secure transfer process: Upon a client’s passing, Carefull validates critical information then securely delivers the full kit—ensuring sensitive information reaches the right person at the right time.

“The big problem with ‘vaults’ is that they rely on the user to do all the work upfront and then come back again and again to update them over time. We all know that no one actually does that. In order for an advisor to be a trusted partner to families at one of the most difficult times in their lives, the deliverable itself has to be current. The best part about LegacyKit is it automatically adjusts and updates as your financial life does. It's not just an online manilla folder,” said Max Goldman, Co-Founder of Carefull.

A New Way to Support Client Continuity

For advisors, LegacyKit offers a proactive, low-lift way to build continuity with the next generation powered by automated updates that reduce manual work and surface key moments to connect. Without exposing sensitive client information, advisors can:

• See when a client designates a recipient, opening the door for early conversations
• Initiate the kit hand-off with a single click when the time comes
• Include a personal note to the recipient as part of the transfer process

Built with Security at Its Core

LegacyKit follows the same rigorous security standards as the rest of the Carefull platform, including two-factor authentication, military-grade encryption, and zero-visibility architecture—ensuring that even Carefull cannot view a user’s stored information.

LegacyKit is included as part of every Carefull subscription, making it easy for advisors to deliver lasting value at no additional cost. LegacyKit is currently live for all financial advisor clients and will be available to financial institutions later this quarter.

Financial professionals interested in learning more or requesting a demo can visit getcarefull.com.

About Carefull

Carefull is the first financial safety platform designed to protect aging adults and their families from elder fraud, scams, and money mistakes. Built to support the unique needs of older adults, Carefull’s proprietary AI provides 24/7 account monitoring, a suite of identity and home protections, along with expert resources to help families, advisors, and financial institutions safeguard families’ financial well-being. Banks, credit unions, and wealth advisors use Carefull to deepen relationships across generations, provide proactive protection, and enhance trust with clients navigating both aging and financial caregiving for older adults. Recognized for its innovation in financial safety, Carefull partners with leading institutions to put financial care into financial services. Learn more at GetCarefull.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250722204197/en/

It’s not a vault: Carefull’s new LegacyKit automatically collects and delivers what families actually need as wealth changes hands.