Third Estate is a better way for families to plan and protect what’s most important to them. By providing a convenient, full-service digital platform that allows families to store legal documents, critical information, and digital assets all in one place with 24/7 accessibility, we allow generational families the ability to secure their legacy. Furthermore, we allow families opportunity to attain peace of mind through preparedness and planning how to best protect their wealth for future generations to come.
Our goal is to help people manage their life and family with greater intention and personal control by offering a simple way to get organized.
Our platform stewards families through difficult conversations, especially with regard to estate planning leading to future generational wealth for their families. An established estate plan allows for everyone to live more fully today while feeling better prepared for tomorrow.
Our Product
We are an integrated online platform providing comprehensive estate planning services with digital storage capability. We simplify the complexities of estate planning and personal estate management by offering an AI-driven user-friendly CRM interface platform. Key features include:
· Estate Planning: Creation of trusts, wills, and other legal documents.
· Digital Vault: Secure cloud-based storage with 24/7 accessibility for proprietary documents and digital assets. Features elite security measures, to include two-step verification and biometric access to protect confidential information.
Value Proposition
Many individuals, particularly those with limited financial resources, face significant challenges in gaining access to estate planning. Traditional estate planning requires costly attorney consultations and complex paperwork, which can be inaccessible for many.
Our platform addresses those unique needs of traditionally marginalized individuals and communities by providing:
· Accessibility: Easy-to-use online tools that make estate planning accessible to all, regardless of community or socioeconomic status.
· Affordability: Cost-effective solutions compared to traditional law firms.
· Convenience: Streamlined processes that save time and reduce the hassle of managing legal affairs.
· Comprehensive Support: End-to-end service from document creation to account management, all in one place.
Target Market Size
The target market includes:
· Historically Marginalized Communities: Approximately 100 million people in the U.S.
· Military Members and Veterans: Around 19 million veterans and 1.3 million active-duty service members.
· Teacher Associations: Over 3.2 million public school teachers.
· Medical Insurance Companies: More than 900 health insurance companies, serving millions of policyholders.
· Affluent Families: Approximately 12.3 million high-net-worth individuals.
Expected Percentage of Market Share
Given our unique value proposition and targeted marketing strategies, we anticipate capturing the following market shares within the first three years:
· Historically Marginalized Communities: 5%
· Military Members and Veterans: 10%
· Teacher Associations: 15%
· Medical Insurance Companies: 2%
· Affluent Families: 8%
Investor Repayment Plan
We are seeking an investment of $1,550,000 to cover market research, product development, software technology, marketing and scaling of Third Estate. The repayment plan for investors includes:
· Equity Stake: Investors will receive an equity stake in the company.
· Dividends: Annual dividends will be distributed based on company profits, potentially starting from the second full year of operation.
· Exit Strategy: A potential buyout or public offering within three to five years, aiming for a return of 5-10 times the initial investment.