Fifth Third Bank entered a strategic relationship with Belief & Will that can enable clients to arrange digital property plans inside minutes, in keeping with a press launch.
Belief & Will, a San Diego-based fintech startup, permits customers to arrange wills, trusts and guardianships on-line with out the necessity for belief attorneys.
Firm officers mentioned the settlement highlights a rising want for extra environment friendly property planning as a result of COVID-19 pandemic, when households have been compelled to care for folks or different members of the family and wish inexpensive and accessible instruments to conduct enterprise.
“Serving to our clients attain their monetary targets is essential to us, and we wish to present entry to easy-to-use digital instruments to guard their cash, put together for the longer term and plan for the long-term nicely being of their households,” Howard Hammond, head of retail banking and brokerage distribution at Fifth Third Bancorp, mentioned within the launch.
Fifth Third Bank, based mostly in Cincinnati, has 1,123 branches and $185 billion throughout the Midwest and southern U.S.