Online estate planning firm Trust & Will raises $25 million in funding round that includes Northwestern Mutual, UBS

Legal technology company Trust & Will said Tuesday that it has raised $25 million in a Series C funding round. The San Diego-based firm, ranked No. 41 on last year's CNBC Disruptor 50 list, has now raised $75 million to date. Trust & Will aims to shake things up in the arcane estate planning industry and make these key wealth preservation and wealth transfer services more accessible to families. Relying on a mix of technology and human oversight, Trust & Will provides legally valid documents that adhere to state guidelines. The company says the funding will be used to double down on artificial intelligence. "AI enables families and advisors to plan with greater clarity and confidence," co-founder and CEO Cody Barbo said in a statement announcing the funding. "By combining technology with human compassion, we're transforming how people protect and preserve their legacies." The new round was led by Moderne Ventures, and includes Northwestern Mutual Future Ventures, UBS Next and Erie ... Read full article.