Jan
06
2022
Wall Street Banks Delay Return to Work as Omicron Spreads
Some Wall Street banks put return-to-office plans on pause while Omicron spreads, and others see working from home as a “new normal.”
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SoFi Blog
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Jan
05
2022
Online Estate Planning
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Ensure your family is covered with an estate plan.
We’ve partnered with Trust & Will—the leading online estate planning platform in the U.S.— to give our members 20% off their trust or will.*
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SoFi has teamed up with Trust & Will—the leading online estate planning platform in the U.S.
We are now directing you to our partner, Trust & Will, to complete your application. SoFi will not be your host while there and is not responsible for content provided by third-party sites, including Trust & Will. Please note that you are subject to the destination site’s Privacy Policy and Terms & Conditions.
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The service provides forms for your use, not legal advice. Using these documents is not a substitute for obtaining legal advice.
Why Trust & Will?
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Rated 4.8/5 based on 2,600+ reviews on Trustpilot.
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Trusted by over 500,000 members.
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Built by attorneys, customized by you.
Fast, secure, and
easy to use.
Create a complete and customized estate plan in as little as 15 minutes. If you have questions, Trust & Will’s team of experts is here to help you along the way.
Get started
SoFi has teamed up with Trust & Will—the leading online estate planning platform in the U.S.
We are now directing you to our partner, Trust & Will, to complete your application. SoFi will not be your host while there and is not responsible for content provided by third-party sites, including Trust & Will. Please note that you are subject to the destination site’s Privacy Policy and Terms & Conditions.
Continue
Not sure what you need? Take a short quiz to find out.
Customized plans to fit your needs. Answer a few simple questions to find the plan that’s right for you.
Take the quiz
SoFi has teamed up with Trust & Will—the leading online estate planning platform in the U.S.
We are now directing you to our partner, Trust & Will, to complete your application. SoFi will not be your host while there and is not responsible for content provided by third-party sites, including Trust & Will. Please note that you are subject to the destination site’s Privacy Policy and Terms & Conditions.
Continue
Get started today.
Your documents will be shipped straight to your door for free.
Start today
SoFi has teamed up with Trust & Will—the leading online estate planning platform in the U.S.
We are now directing you to our partner, Trust & Will, to complete your application. SoFi will not be your host while there and is not responsible for content provided by third-party sites, including Trust & Will. Please note that you are subject to the destination site’s Privacy Policy and Terms & Conditions.
FAQs
What is estate planning?
Estate planning is the process of creating a plan for how your assets will be managed and distributed both during your life and after you pass away. It’s about more than just a will; estate planning is a complete strategy to ensure your financial and healthcare wishes are carried out and that you make things as easy as possible for your loved ones.
How much does estate planning cost?
The cost of estate planning can range from a few hundred dollars for online services to several thousand dollars for a complex plan created with an attorney. While it’s an upfront investment, a solid estate plan can save your family significantly more in potential court costs, legal fees, and stress down the road.
Why is estate planning important?
Estate planning is important because it ensures your final wishes are legally protected and makes a difficult time much easier for your family. While not everyone needs an estate plan, they can help your loved ones avoid the costly and public court process of probate, minimize potential taxes, and clearly state who will receive your assets and who will care for your minor children.
Can I do my own estate planning?
Yes, you can absolutely do your own, and online estate planning websites have made it easier and more affordable than ever, especially for straightforward situations. However, if you have a complex estate, own a business, or have complicated family dynamics, it’s often wise to consult with an attorney to ensure your plan is airtight.
How long does the estate planning process take?
It takes most people about 20 minutes to complete their trust and 15 minutes to complete their online will.
Do I need an attorney?
You do not need an attorney to create a legally binding trust, will, or nomination of a guardian. If you feel more comfortable speaking with an attorney, Trust & Will offers one year of unlimited attorney support for $200.
Can I make updates to my documents?
Trust & Will makes it easy to update your estate planning documents. Simply log in to your account and make any necessary changes. We suggest updating your plan after any major life event, or every three to five years.
Do you offer legal advice?
No. This offering is an online service that provides legal forms and information. None of the parties involved are law firms and are not a substitute for an attorney or law firm’s advice. We cannot provide any kind of advice, explanation, opinion, or recommendation about possible legal rights, remedies, defenses, options, selection of forms or strategies.
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Jan
05
2022
Online Renters Insurance
Renters Insurance
Renters insurance
made easy.
We’ve teamed up with Experian® to make it quick and easy to find affordable, easy-to-understand renters insurance to help you protect the stuff you own at
home—and everywhere else you go.
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Get coverage in an instant.
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Great rates
Compare renters insurance quotes from different companies all in one place to find your best price.
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Instant everything
You could get your new renters policy in less than five minutes—no waiting or annoying paperwork.
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Top insurers
See multiple quotes from the top renters insurance companies you know and trust.
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Personalized coverage
Find the right coverage to fit your needs and your lifestyle.
How to get renters insurance:
How to get renters insurance:
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Personalize it.
Answer a few quick questions about your renters insurance needs.
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See your quotes.
Review multiple renters insurance quotes all at once to find the best rate.
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Get covered.
Purchase your favorite renters insurance policy. That’s it!
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Jan
05
2022
Online Homeowners Insurance
Homeowners Insurance
Homeowners insurance
made easy.
We’ve teamed up with Experian® to help you protect your home with affordable and easy-to-understand homeowners insurance.
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Get coverage that’s a perfect fit.
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Personalized coverage
Find the just-right home insurance policy for your life and your needs.
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Top insurers
Compare home insurance quotes from up to 30 trusted companies—all in one place.
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Great rates
Save an average of $1,342 per year* when you switch home and auto insurers.
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Instant quotes
Get personalized home insurance quotes to compare against your current policy in just five minutes.
How to get homeowners insurance:
How to get homeowners insurance:
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Personalize it.
Answer a few questions about your home and needs.
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See your quotes.
Get offers from up to 30 top home insurers to find the best rate.
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Get covered.
Purchase your favorite homeowners policy. That’s it!
Compare homeowners insurance quotes now
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Jan
05
2022
Online Life Insurance
Powered by
Life insurance
made easy.
SoFi has teamed up with Ladder to
bring you term
life insurance that’s
competitive, quick to set up, and
easy to understand.
Get my quote
Calculate my needs
We are directing you to Ladder to complete your application. SoFi will not be your host and is not responsible for content provided. You will be subject to Ladder’s Privacy Policy and Terms & Conditions. SoFi is compensated by Ladder for each issued term life policy.
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Why Ladder?
Apply for life insurance coverage in minutes and get a decision instantly. As your life changes, you can always decrease or cancel your coverage with a couple of clicks. No fees, no hassle.
Flexible coverage
Get coverage that ranges from $100K to $8M and 10 to 30 years. Adjust at any time.
Great rates
Ladder offers competitive insurance rates for the coverage that’s right for you.
Quick application
Get your quote and apply in minutes. Medical tests are not required for eligible applicants.1
Trustworthy
Rated 4.8 out of 5 stars on Trustpilot on over 2,500 reviews.
How to get life insurance:
1
Get started
Select your coverage
amount and term.
3
Instant Decision
We value your time.
Check it off your list.
Get my life insurance quote
Easily create and manage your estate plan.
For a limited time get 20% off a trust, will, or guardianship through our partner, Trust & Will.*
Learn more
The service provides forms for your use, not legal advice. Using these documents is not a substitute for obtaining legal advice.
Life Insurance FAQs
Term life insurance is life insurance that provides coverage at a fixed price for a specific period of time. As such, it is often less expensive than permanent life insurance products that typically cover you for the entirety of your life. To find out more about term life and other helpful articles, visit Ladder’s Knowledge Center. You can also reach out to their helpful experts with any questions at 1-855-622-0299.
Life insurance is a contract that provides your loved ones with a lump-sum, tax-free payment, known as a death benefit, after you pass away. In exchange for your regular premium payments, it acts as a financial safety net to help your family cover expenses like mortgage payments, college tuition, or daily living costs.
Whole life insurance is a type of permanent life insurance that provides coverage for your entire life and also builds a cash value that you can borrow against. Unlike term life insurance, which only covers you for a specific period, a whole life policy doesn’t expire and its premiums typically remain the same.
No, the death benefit from a life insurance policy is paid out to your beneficiaries almost always 100% income-tax-free. This is one of the most significant advantages of life insurance, as it allows you to pass on money to your loved ones without creating a tax burden for them.
Life insurance works in a few simple steps: you purchase a policy and pay regular premiums to keep it active. If you pass away while the policy is in force, the insurance company pays the predetermined death benefit to the person (or people) you named as your beneficiary. They can then use that money for any purpose.
The cost of life insurance varies widely but can be surprisingly affordable, especially for young, healthy individuals. Your specific premium is based on factors like your age, health, lifestyle (e.g., smoking), and the type and amount of coverage you choose. A healthy 30-year-old, for example, might find a significant term policy for less than $30 a month.
Life insurance provides a cash payout that your beneficiaries can use for any financial need without restriction. Commonly, life insurance covers everything from immediate expenses like funeral costs to long-term needs like replacing lost income, paying off a mortgage, funding college education, or simply providing a financial cushion during a difficult time.
Life insurance needs vary from person to person. Calculate your needs by using this life insurance calculator.
You can speak with Ladder’s helpful experts by calling 1-855-622-0299. They are licensed, but not commissioned agents that can answer any questions you might have.
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