{"id":786420,"date":"2023-09-27T09:08:30","date_gmt":"2023-09-27T13:08:30","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-introduces-digital-inheritance-center\/"},"modified":"2023-09-27T09:08:30","modified_gmt":"2023-09-27T13:08:30","slug":"schwab-introduces-digital-inheritance-center","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-introduces-digital-inheritance-center\/","title":{"rendered":"Schwab Introduces Digital Inheritance Center"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Schwab Introduces Digital Inheritance Center<\/b><\/p>\n<p class=\"bwalignc\"><i>New online experience provides increased ease, efficiency, and transparency for those navigating the inheritance process<\/i><\/p>\n<p>WESTLAKE, Texas&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nAs part of its ongoing focus on innovating to make the investing experience easier and more accessible, Charles Schwab has introduced a <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.schwab.com%2Flife-events%2Flosing-a-loved-one&amp;esheet=53564279&amp;newsitemid=20230927569020&amp;lan=en-US&amp;anchor=digital+Inheritance+Center&amp;index=1&amp;md5=7191e5189fefce4e6ab3cf35a68ac0fe\">digital Inheritance Center<\/a>. The Inheritance Center is an online hub that provides a simple way to manage inheritance tasks, such as opening accounts, submitting forms, and receiving status updates. The hub is now available to current Schwab clients as well as new-to-firm clients who receive an inheritance.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20230927569020\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230927569020\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230927569020\/en\/1900138\/4\/Inheritance_Center_Image.jpg\" alt=\"Charles Schwab's digital Inheritance Center offers a seamless, intuitive, self-service experience. (Graphic: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">Charles Schwab&#8217;s digital Inheritance Center offers a seamless, intuitive, self-service experience. (Graphic: Business Wire)<\/p>\n<\/div>\n<p>\nThe Inheritance Center offers a seamless, intuitive, self-service experience that reduces time-consuming phone calls and in-person branch visits as well as the need to fax or mail forms and documents.<\/p>\n<p>\n\u201cAdding a digital pathway to the inheritance process is our way of acknowledging that different people handle life events in different ways,\u201d says Kathie Chao, Managing Director, Retail Digital Experience. \u201cWe are offering inheritors a dedicated specialist, along with an online hub, to allow them to get through the process on their own time. Our goal is to let people work through the process in the way that is best for them, whether that\u2019s mostly on their own or with more support.\u201d<\/p>\n<p>\nClients who process an inheritance through the online hub will have the option to work with a dedicated estate professional for guidance.<\/p>\n<p>\nKey features of the Inheritance Center include:<\/p>\n<ul class=\"bwlistdisc\">\n<li><b>Personalized to-do list<\/b> \u2013 A dynamic, digital list that is tailored to each inheritor\u2019s specific situation. Inheritors must complete all of the to-do items, which include opening accounts or uploading forms\/documents, to receive their inheritance.\n<\/li>\n<li><b>Real-time status updates<\/b> \u2013 Email communications and online notifications that set inheritors\u2019 expectations and provide the status of forms, transfers, etc.\n<\/li>\n<li><b>Digital document upload <\/b>\u2013 The ability to quickly upload inheritance forms and documents online instead of sending them by mail or fax. Inheritors can upload forms and documents from their desktop or by taking a photo from their phone or tablet.\n<\/li>\n<li><b>Helpful resources<\/b> \u2013 Contextual FAQs, financial inventory checklists, and information about distribution options to help inheritors with common questions.\n<\/li>\n<\/ul>\n<p>\n\u201cBy combining the best of technology with people, our aim is to make the inheritance process as seamless as possible,\u201d says Chao. \u201cWe hope that our Inheritance Center and the continued digital evolution of the estate process will help our clients get through difficult times in their lives a little bit more easily.\u201d<\/p>\n<p>\nThe Inheritance Center is currently available to almost half of the total inheritor population, which includes individual inheritors who are opening Individual Retirement Accounts and brokerage accounts to receive their assets. The online hub will eventually be available to all inheritors.<\/p>\n<p><b>About Charles Schwab<\/b><\/p>\n<p>\nAt Charles Schwab we believe in the power of investing to help individuals create a better tomorrow. We have a history of challenging the status quo in our industry, innovating in ways that benefit investors and the advisors and employers who serve them, and championing our clients\u2019 goals with passion and integrity.<\/p>\n<p>\nMore information is available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.aboutschwab.com&amp;esheet=53564279&amp;newsitemid=20230927569020&amp;lan=en-US&amp;anchor=www.aboutschwab.com&amp;index=2&amp;md5=88fda2f23299de66ea16692bc2dfa573\">www.aboutschwab.com<\/a>. Follow us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.twitter.com%2FCharlesSchwab&amp;esheet=53564279&amp;newsitemid=20230927569020&amp;lan=en-US&amp;anchor=Twitter&amp;index=3&amp;md5=f750af954128c896377f4e27e42496f9\">Twitter<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.facebook.com%2FCharlesSchwab&amp;esheet=53564279&amp;newsitemid=20230927569020&amp;lan=en-US&amp;anchor=Facebook&amp;index=4&amp;md5=a335fb24de979fddaf2b446d560e65f7\">Facebook<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.youtube.com%2Fuser%2FCharlesSchwab&amp;esheet=53564279&amp;newsitemid=20230927569020&amp;lan=en-US&amp;anchor=YouTube&amp;index=5&amp;md5=ca0bb5fac0ae3dc785a0e2565d6d901b\">YouTube<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.linkedin.com%2Fcompany%2F1855&amp;esheet=53564279&amp;newsitemid=20230927569020&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=6&amp;md5=750bec4713ee19b96ae44c97b1db5846\">LinkedIn<\/a>.<\/p>\n<p><b>Brokerage Products: Not FDIC Insured \u2022 No Bank Guarantee \u2022 May Lose Value<\/b><\/p>\n<p>\n\u00a9 2023 Charles Schwab &amp; Co., Inc, All rights reserved. Member <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sipc.org%2F&amp;esheet=53564279&amp;newsitemid=20230927569020&amp;lan=en-US&amp;anchor=SIPC&amp;index=7&amp;md5=730eba71de2231ff83b8171f6e4eac55\">SIPC<\/a>. Unauthorized access is prohibited. Usage will be monitored.<\/p>\n<p>\n0923-3MYM<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230927569020r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230927569020\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230927569020\/en\/<\/a><\/span><\/p>\n<p>\nMeredith Richard<br \/>\n<br \/>Charles Schwab<br \/>\n<br \/>646-343-7419<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Meredith.Richard@schwab.com\">Meredith.Richard@schwab.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Texas<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Technology Finance Asset Management Fintech Internet Personal Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230927569020\/en\/372488\/3\/SCHW_logo-new_whitespace.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230927569020\/en\/1900138\/3\/Inheritance_Center_Image.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Charles Schwab&#8217;s digital Inheritance Center offers a seamless, intuitive, self-service experience. (Graphic: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Schwab Introduces Digital Inheritance Center New online experience provides increased ease, efficiency, and transparency for those navigating the inheritance process WESTLAKE, Texas&#8211;(BUSINESS WIRE)&#8211; As part of its ongoing focus on innovating to make the investing experience easier and more accessible, Charles Schwab has introduced a digital Inheritance Center. The Inheritance Center is an online hub that provides a simple way to manage inheritance tasks, such as opening accounts, submitting forms, and receiving status updates. The hub is now available to current Schwab clients as well as new-to-firm clients who receive an inheritance. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230927569020\/en\/ Charles Schwab&#8217;s digital Inheritance Center offers a seamless, intuitive, self-service experience. (Graphic: Business Wire) The Inheritance Center &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-introduces-digital-inheritance-center\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Schwab Introduces Digital Inheritance Center&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-786420","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Schwab Introduces Digital Inheritance Center - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-introduces-digital-inheritance-center\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Schwab Introduces Digital Inheritance Center - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Schwab Introduces Digital Inheritance Center New online experience provides increased ease, efficiency, and transparency for those navigating the inheritance process WESTLAKE, Texas&#8211;(BUSINESS WIRE)&#8211; As part of its ongoing focus on innovating to make the investing experience easier and more accessible, Charles Schwab has introduced a digital Inheritance Center. The Inheritance Center is an online hub that provides a simple way to manage inheritance tasks, such as opening accounts, submitting forms, and receiving status updates. The hub is now available to current Schwab clients as well as new-to-firm clients who receive an inheritance. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230927569020\/en\/ Charles Schwab&#8217;s digital Inheritance Center offers a seamless, intuitive, self-service experience. 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The Inheritance Center is an online hub that provides a simple way to manage inheritance tasks, such as opening accounts, submitting forms, and receiving status updates. The hub is now available to current Schwab clients as well as new-to-firm clients who receive an inheritance. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230927569020\/en\/ Charles Schwab&#8217;s digital Inheritance Center offers a seamless, intuitive, self-service experience. 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