Estate resource system for settlement of estate assets

US10949937B1 · kind B1 · utility

Assignee

• Wells Fargo Bank, N.A. · US

Inventors

• Mary Ann Watt Lagnese · Fountain Hills, US
• Margaret Melchior · Charlotte, US
• Scott Stout · Huntersville, US
• Adam Sean Davis · Livermore, US
• Catalina Johnson · San Francisco, US
• Paige Wilbur · Dallas, US
• Alicia Y. Moore · San Ramon, US

Key dates

• Filing date: Oct 31, 2016
• Grant date: Mar 16, 2021
• Expiry date: Mar 7, 2038

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q50/18
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Techniques are described that provide a centralized system to coordinate the disparate teams involved in settling or reconciling the affairs of a given estate. These techniques provide a centralized estate resource system (ERS) to create, manage, track, and coordinate task checklists and actions for each of the teams including interactions between teams. The ERS may assign specific personnel within each team to a given estate, send notifications and warnings to appropriate team members when tasks are due or complete, and facilitate messaging between team members to communicate when information is needed or has become available. The ERS may provide updated status and information across teams without violating privacy or security regulations, as may be the case with email, text messages, or voice messages. In addition, the ERS may provide a centralized repository for information, thus avoiding repeated queries for the same information and documents to the decedent's representative.