Luminary Unveils AI Estate Planning Tool to Turn Documents into Dynamic Diagrams in Minutes
NEW YORK, March 18, 2025 /PRNewswire/ -- Luminary, an award-winning estate planning technology platform, today announced the launch of its Dispositive Provision Extraction tool. This new AI-powered feature automates the extraction of dispositive provisions from complex legal documents, allowing advisors to create client-ready presentations in minutes.
Estate planning professionals have long faced challenges in manually reviewing trust documents, extracting client details, and structuring estate flowcharts in PowerPoint. Traditional processes are time-consuming and prone to human error. Luminary's latest AI innovation streamlines this workflow, enabling advisors to focus on high-value strategic planning rather than administrative tasks.
Instead of sifting through complex legal documents to determine beneficiary distributions, Luminary's new tool intelligently identifies recipients and pre-fills key client details to save advisors hours of work per client. The human-in-the-loop technology provides complete visibility throughout the process, with built-in citations that support AI-generated recommendations with direct evidence for advisor review.
"This launch sets a new industry standard — combining advanced AI infrastructure with precision data extraction and human validation. By unlocking unprecedented speed and accuracy, we've empowered advisors to transform complex trust documents into actionable estate plans within minutes, not hours." - Ian Lyons, Head of Engineering @ Luminary
Key Benefits of Luminary's Dispositive Provision Extraction:
Automated Data Extraction – Luminary AI reviews trust documents and identifies dispositive provisions, filling in recipient names, distribution types, and percentages in minutes.
Increased Planning Confidence and Transparency – AI-generated recommendations come with supporting evidence that shows exactly where information is found in the original document.
Seamless Integration with Luminary's Tools – Extracted data feeds directly into Luminary's estate visualization and scenario modeling capabilities, transforming static documents into client-ready visuals in less than 15 minutes.
"Luminary AI does a great job! I was really impressed with the level of beneficiary details it successfully extracted, including ones I hadn't found myself during my manual review." - Associate, Multi-Family Office in San Francisco
Client expectations have risen to new levels, demanding a higher degree of personalization and speed from planners, meaning firms need a smarter approach. Luminary continues to enhance its AI capabilities to help RIAs, family offices, CPAs, and attorneys deliver faster, more accurate, and more scalable estate planning services.
Ready to experience the next generation of wealth transfer? Reach out to Luminary's sales team today to experience a live, personalized demo.
About Luminary
Luminary is a data and collaboration platform purpose built for trust & estate services.
Our platform uses human-in-the-loop AI assistance to digitize information otherwise trapped in original documents, and connect it with applications for visualization, what-if scenario modeling, and tax value creation tracking.
Luminary's customers are leaders in the delivery of tax efficient wealth transfer guidance for complex clients, including investment managers, professional services practices, and family offices. We aim to help our customers increase capability and capacity, reduce cost and risk, and quantify the value planning adds to their clients.
The founding team, led by CEO David Barnard, has deep experience in wealth management and software development.
Learn more at www.withluminary.com
Media Contactpress@withluminary.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/luminary-unveils-ai-estate-planning-tool-to-turn-documents-into-dynamic-diagrams-in-minutes-302404817.html
SOURCE Luminary Platforms, Inc
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New York Post
2 hours ago
- New York Post
How Microsoft 365 subscribers can save $120/year
Discover startups, services, products and more from our partner StackCommerce. New York Post edits this content, and may be compensated and/or receive an affiliate commission if you buy through our links. TL;DR: Get Microsoft Office 2024 for Windows or Mac while it's on sale for $159.97 (MSRP $249.99). Here's everything you need to know: One-time payment for lifetime access : Unlike Microsoft 365, Office 2024 is a single, one-time purchase that allows you to install the software suite onto one computer. : Unlike Microsoft 365, Office 2024 is a single, one-time purchase that allows you to install the software suite onto one computer. Includes five staple Office apps : Word, Excel, PowerPoint, Outlook, and OneNote, all with the latest features to explore, but not too complicated where you'll have to relearn your favorite apps. : Word, Excel, PowerPoint, Outlook, and OneNote, all with the latest features to explore, but not too complicated where you'll have to relearn your favorite apps. AI-Powered productivity built right in : From Smart Compose in Word that helps you break out of writer's block to data insights in Excel, you'll get helpful AI tools that help you work smarter. (Or, ignore them if AI isn't your thing!) : From Smart Compose in Word that helps you break out of writer's block to data insights in Excel, you'll get helpful AI tools that help you work smarter. (Or, ignore them if AI isn't your thing!) Real-time collaboration without cloud confusion: Co-author documents, add comments, and collaborate in each app without needing a Microsoft 365 subscription. Download the lifetime version of Microsoft Office and save $10/month on Microsoft 365 fees! Office 2024 is currently 36% off with no coupon needed. StackSocial prices subject to change.
Yahoo
2 hours ago
- Yahoo
Cboe Global Markets Reports Trading Volume for July 2025
CHICAGO, Aug. 5, 2025 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today reported July monthly trading volume statistics across its global business lines. The data sheet "Cboe Global Markets Monthly Volume & RPC/Net Revenue Capture Report" contains an overview of certain July trading statistics and market share by business segment, volume in select index products, and RPC/net capture, which is reported on a one-month lag, across business lines. Average Daily Trading Volume (ADV) by Month Year-To-Date Jul 2025 Jul 2024 % Chg Jun 2025 % Chg Jul 2025 Jul 2024 % Chg Multiply-listed options (contracts, k) 12,215 11,145 9.6 % 11,836 3.2 % 12,886 10,642 21.1 % Index options (contracts, k) 4,469 4,140 8.0 % 4,639 -3.7 % 4,688 4,065 15.3 % Futures (contracts, k)1 178 267 -33.3 % 185 -3.8 % 226 242 -6.3 % U.S. Equities - On-Exchange (matched shares, mn) 1,790 1,280 39.9 % 1,780 0.6 % 1,785 1,404 27.2 % U.S. Equities - Off-Exchange (matched shares, mn) 141 76 84.8 % 123 14.4 % 113 78 45.2 % Canadian Equities (matched shares, k) 150,096 122,608 22.4 % 146,058 2.8 % 154,298 144,633 6.7 % European Equities (€, mn) 12,490 9,229 35.3 % 11,811 5.7 % 13,560 9,665 40.3 % Cboe Clear Europe Cleared Trades (k) 122,973 105,831 16.2 % 110,623 11.2 % 935,981 699,176 33.9 % Cboe Clear Europe Net Settlements (k) 1,236 1,022 20.9 % 1,090 13.4 % 7,726 6,311 22.4 % Australian Equities (AUD, mn) 870 771 12.8 % 951 -8.5 % 884 764 15.7 % Global FX ($, mn) 48,514 45,586 6.4 % 51,222 -5.3 % 53,135 46,340 14.7 % 1 In the second quarter of 2025, Digital futures products were transitioned to Cboe Futures Exchange. Futures metrics prior to the second quarter of 2025 exclude Digital futures products. July 2025 Trading Volume Highlights U.S. Options Cboe's S&P 500 Index (SPX) and Mini-SPX Index (XSP) options set monthly volume records in zero-days-to-expiry (0DTE) trading, with 0DTE ADVs of 2.2 million and 60 thousand contracts, respectively. SPX options recorded its third most active trading day of all time on July 31 with 4.8 million contracts traded. European Equities Cboe Europe Equities hit record market shares in July for both overall trading (26.6%) and continuous trading (34.7%). About Cboe Global MarketsCboe Global Markets (Cboe: CBOE), the world's leading derivatives and securities exchange network, delivers cutting-edge trading, clearing and investment solutions to people around the world. Cboe provides trading solutions and products in multiple asset classes, including equities, derivatives and FX across North America, Europe and Asia Pacific. Above all, we are committed to building a trusted, inclusive global marketplace that enables people to pursue a sustainable financial future. To learn more about the Exchange for the World Stage, visit Cboe Media ContactsCboe Analyst Contact Angela Tu Tim CaveKenneth Hill, CFA +1-917-985-1496 +44 (0) 7593-506-719+1-312-786-7559 atu@ tcave@ CBOE-V Cboe®, Cboe Global Markets®, Cboe Volatility Index®, and VIX® are registered trademarks of Cboe Exchange, Inc. or its affiliates. Standard & Poor's®, S&P®, SPX®, and S&P 500® are registered trademarks of Standard & Poor's Financial Services, LLC, and have been licensed for use by Cboe Exchange, Inc. All other trademarks and service marks are the property of their respective owners. Any products that have the S&P Index or Indexes as their underlying interest are not sponsored, endorsed, sold or promoted by Standard & Poor's or Cboe and neither Standard & Poor's nor Cboe make any representations or recommendations concerning the advisability of investing in products that have S&P indexes as their underlying interests. All other trademarks and service marks are the property of their respective owners. Cboe Global Markets, Inc. and its affiliates do not recommend or make any representation as to possible benefits from any securities, futures or investments, or third-party products or services. Cboe Global Markets, Inc. is not affiliated with S&P. Investors should undertake their own due diligence regarding their securities, futures, and investment practices. This press release speaks only as of this date. Cboe Global Markets, Inc. disclaims any duty to update the information herein. Nothing in this announcement should be considered a solicitation to buy or an offer to sell any securities or futures in any jurisdiction where the offer or solicitation would be unlawful under the laws of such jurisdiction. Nothing contained in this communication constitutes tax, legal or investment advice. Investors must consult their tax adviser or legal counsel for advice and information concerning their particular situation. Cboe Global Markets, Inc. and its affiliates make no warranty, expressed or implied, including, without limitation, any warranties as of merchantability, fitness for a particular purpose, accuracy, completeness or timeliness, the results to be obtained by recipients of the products and services described herein, or as to the ability of the indices referenced in this press release to track the performance of their respective securities, generally, or the performance of the indices referenced in this press release or any subset of their respective securities, and shall not in any way be liable for any inaccuracies, errors. Cboe Global Markets, Inc. and its affiliates have not calculated, composed or determined the constituents or weightings of the securities that comprise the third-party indices referenced in this press release and shall not in any way be liable for any inaccuracies or errors in any of the indices referenced in this press release. There are important risks associated with transacting in any of the Cboe Company products discussed here. Before engaging in any transactions in those products, it is important for market participants to carefully review the disclosures and disclaimers contained at: Options involve risk and are not suitable for all market participants. Prior to buying or selling an option, a person should review the Characteristics and Risks of Standardized Options (ODD), which is required to be provided to all such persons. Copies of the ODD are available from your broker or from The Options Clearing Corporation, 125 S. Franklin Street, Suite 1200, Chicago, IL 60606. View original content to download multimedia: SOURCE Cboe Global Markets, Inc.
New York Post
2 hours ago
- New York Post
Don't let Microsoft trick you into paying a subscription for apps you can own outright
Discover startups, services, products and more from our partner StackCommerce. New York Post edits this content, and may be compensated and/or receive an affiliate commission if you buy through our links. TL;DR: Get Word, Excel, PowerPoint, and more for life with this license of Microsoft Office on sale now for $69.97 (reg. $219). Mac users don't have to pay for a Microsoft 365 subscription to get apps like Word, Excel, and PowerPoint anymore. Instead of paying $99.99/year (that's the cheapest possible option), now you can get a Microsoft Office lifetime license for only $69.97 (reg. $219). This license comes with many of the same apps and has no recurring costs, but it's only on sale for a short time. This license gives you lifetime access to Word Excel PowerPoint Outlook Teams OneNote This is the 2021 version of Microsoft Office, so these apps may look a little different from what you're used to if you've been using Microsoft 365, but that's actually a good thing. Microsoft is constantly changing their apps and bloating them with features nobody asked for. With this license, your apps are stable and reliable. They still also get security updates, and you don't have to worry about annoying AI integrations popping up everywhere telling you how to do your job. Hardware requirements are pretty minimal. Any modern Mac should be able to run this version of Office just fine. It's finally time to say goodbye to software subscriptions. For a limited time, you can get a Microsoft Office Home and Business 2021 lifetime license for Macs for only $69.97. No coupon code needed. StackSocial prices subject to change.
