FreeWill Stock

FreeWill is an online platform that revolutionizes estate planning by providing free, user-friendly tools for creating legally binding documents such as wills, durable financial power of attorney, and advance healthcare directives. The service is especially notable for integrating charitable giving into the estate planning process. Headquartered in New York City, FreeWill operates within the financial services sector and has a significant user base. The platform's primary goal is to make estate planning accessible to all, offering a simple interface that guides users through the process of drafting essential legal documents. One of its unique features is the encouragement of charitable donations within these documents. Users can choose to include bequests to their favorite charities, and this aspect of FreeWill's service has facilitated billions of dollars in planned charitable donations. Charities collaborate with FreeWill by paying a fee to be featured in its software. In return, they gain access to detailed reports on donors who have included them in their wills, which helps these organizations foster relationships with potential benefactors and secure future funding. This model not only aids individuals in their estate planning but also significantly benefits the non-profit sector. While FreeWill is not a law firm and does not offer legal advice, it provides robust security protocols to protect user information. The platform includes resources to help users find professional legal advice if needed, ensuring that individuals can create comprehensive and accurate legal documents. FreeWill's impact is substantial, with a diverse user base that spans different age groups and backgrounds. The platform's commitment to making estate planning straightforward and accessible, combined with its support for charitable giving, has made it a valuable tool for both individuals and non-profit organizations. By streamlining the process of estate planning and promoting philanthropy, FreeWill continues to make a significant difference in how people manage their legacies and support charitable causes