Estate Planning: The Benefits for Members, Employees, and Credit Unions

We are on the cusp of a huge wealth transfer; $70 trillion is expected to transfer by 2042, and most of us are unprepared. Only two out of three Americans have a Will, the central document of an estate plan, according to a 2021 survey by – yet EVERYONE NEEDS ONE!


Regardless of your age, marital status, or net worth, if you pass away without documents like a Will or Trust, courts decide who cares for your minor children and/or pets, and determine how your assets are distributed. We think it’s pretty safe to say that no one would want to leave these big decisions in the hands of strangers!


If you don’t have a plan for your financial future and something happens to you, your finances could be in big trouble – whether you have only modest assets or you have built a significant wealth portfolio. Unless you give someone authority to pay your bills and manage your investments through a Power of Attorney, your finances could quickly get out of hand if you are incapacitated due to illness or injury. 

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A new, important benefit for your members and employees

Gentreo is the next generation of estate planning. Within minutes, you can create the documents that protect your loved ones (including your pets!), your assets, and your choices. For only $85 per year ($25 for seat licenses), you and your members can create all of your state-specific and legally binding documents including a Will, Trust, Health Care Proxy, Power of Attorney, Pet Trust and more. Plus, you get a secure Digital Family Vault so you can securely store and share documents and information with your family and agents. That way, everyone knows where to turn in the event of an emergency and your team members can access

and retrieve documents and information from anywhere, at any time.


A Benefit That Supports & Engages Your Membership

Estate planning is an important benefit for your credit union’s membership. By partnering with Gentreo to offer this benefit, your credit union’s members can:

  • Create all of their estate planning documents – it’s quick and easy!
  • Receive expert coaching throughout the process
  • Securely store and share documents & information with agents and loved ones
  • Update documents when life or laws change
  • Build a legacy with memorial videos, funeral planning, and more


Attract & Retain Talent with a New Employee Benefit

With Gentreo, estate planning is an inexpensive way to have a meaningful impact. All employees need it, but most don’t already have it, and the consequences of not having one can be detrimental to your staff, and by extension, your operations.


  • Added administrative stress during crises leads to distraction and reduced productivity
  • Avoidable legal hassles negatively impact performance and can lead to unexpected absences
  • Ambiguity causes family turmoil and adds to employee stress


Employees without estate plans can be forced to spend countless hours managing financial and health related matters for family members, and are much more likely to have to deal with litigation and family feuds. What’s more, missing, outdated, or incomplete estate plans cause the average estate to lose 3-8% of their value and can take 6 to 24 months to close. Gentreo provides companies with the tools, support, and resources to prepare employees for when life happens.


How Credit Unions Can Benefit


As we have discussed, estate planning is something that everyone needs. Your members and employees alike can avoid serious costs, stress, and time spent when they and their loved ones have a legal plan in place. But it’s not just a benefit for your people; offering estate planning solutions can bring some advantages for your credit union as well:

  • Engage your membership with a new feature
  • Promote related services such as notarizations, financial planning, mortgages, etc.
  • Demonstrate to members/employees that you care
  • Support your entire workforce with a universal, high-value, and low-cost benefit (as little as $25 per employee per year)
  • Prevents negative impacts on work performance (i.e. distraction, absences)


Visit to learn more about this important benefit for members, employees, and credit unions.