WillBits

WHO WE ARE


WillBits is a purpose-built platform that securely stores your client’s estate planning documents and helps you deliver exceptional long term customer care to your clients.

Our Story

 

From pain to possibility.

The WillBits story began when a family member suffering from dementia in her declining years fell victim to financial elder abuse. Assets had gone missing and there was uncertainty about her mental capacity when she had written the final will, triggering contesting of the will upon her death. This resulted in lengthy and costly court proceedings, painfully adding to the grief of losing a loved one.

We recognised that Australia has an aging population and an increasing incidence of dementia, plus a growing number of seniors are experiencing financial elder abuse and many families experience traumatic court proceedings and erosion of the estate when a will is contested.

The idea for WillBits was born as we walked along Adelaide’s beautiful Brighton Beach. WillBits was originally founded to solve to two clearly defined problems:

  1. How can a person's assets be safeguarded in their declining years to shield them from financial elder abuse?
  2. How to create an immutable record of a person's will to ensure the assets are distributed according to their wishes upon death?

Having more than two decades of experience within the legal industry, we know that lawyers carry a significant responsibility and risk when they take on the safe storage of a client’s will and related documents (like a power of attorney and advance care directive). Document storage is frequently offered at no cost to the client, but the law firm incurs significant costs over the lifetime of the documents. Our research revealed a sophisticated complex stakeholder network. Many senior lawyers and institutions are actively calling for cyber safe digitised documents, and interoperable centralised registries of wills, enduring power of attorney and advance care directives.

We are looking forward to a bright future where seniors can feel safely shielded from financial elder abuse and their legacy is conserved and distributed according to their wishes.

Our Mission

Our mission is to provide a trusted platform for lawyers to help their clients securely record and preserve the integrity of their will and digital records. This will allow the individual sovereignty over who, how and when information is accessed, stored and shared, creating a frictionless experience for all involved.

Our Traction

Our Team

Elle Vallance

LinkedIn

Elle has 30+ years experience in social sciences and health services, communications and marketing, Agile project management and community engagement. ...


Tobias Crush

LinkedIn

Tobias is a CPA with qualifications in IT to compliment his finance skills. He has worked in the legal services sector for the last 20+ years. ...

Our Partners

WillBits is a resident of the University of South Australia’s Innovation & Collaboration Centre and an alumni of the Venture Catalyst incubator program.

Willbits