Product Introduction

1. Sunset is a financial software tool designed to locate and manage the closure of deceased individuals' financial accounts and assets, including bank accounts, retirement funds, life insurance policies, credit cards, real estate, and unclaimed property. It automates the discovery process without notifying financial institutions of the death, allowing families to maintain control over timing and decisions. The platform consolidates identified assets into a single estate account managed by the user, with optional investment management through Sunset Advisory, LLC.
2. The core value of Sunset lies in simplifying the emotionally and logistically challenging process of settling estates by replacing manual searches, legal complexities, and fragmented communication with institutions. It reduces administrative burdens, legal fees, and time investments for grieving families while ensuring compliance with financial regulations and privacy standards.

Main Features

1. Automated Financial Discovery: Sunset scans banks, credit unions, insurance providers, investment platforms, and government databases to identify all financial assets and liabilities tied to the deceased, including dormant accounts and unclaimed property. Searches are conducted without alerting institutions, preserving flexibility for families to manage notifications on their terms.
2. Account Consolidation and Closure Control: Users select which accounts to close, and Sunset coordinates with institutions to transfer funds into a dedicated Sunset estate account. The platform supports probate document generation and provides tools to manage debts, mortgages, and taxes while retaining user control over payout timing and beneficiary distributions.
3. Secure Compliance and Integration: Sunset adheres to SOC 2, ISO 27001, ISO 27701, and SSAE18 SOC 2 standards for data security, with encrypted connections to over 1,000 U.S. financial institutions. Its investment arm, Sunset Advisory, LLC, is SEC-registered, ensuring regulatory compliance for asset management during estate settlement.

Problems Solved

1. Complex Asset Identification: Families often struggle to locate scattered or unknown accounts after a death, risking lost assets or unclaimed funds. Sunset eliminates manual searches by systematically scanning financial networks, including legacy accounts and inactive policies, up to seven years post-death.
2. Target User Group: Executors, legal heirs, and family members managing estates for deceased individuals, particularly those lacking prior knowledge of the deceased’s financial footprint or resources to hire estate attorneys.
3. Use Case Scenarios: A surviving spouse discovers forgotten retirement accounts and life insurance policies; an executor resolves disputes among beneficiaries by providing a transparent asset inventory; a family avoids probate delays by automating account closures and debt settlements.

Unique Advantages

1. Non-Notification Protocol: Unlike manual inquiries or legal processes, Sunset’s discovery phase does not trigger alerts to banks or creditors, preventing premature account freezes or policy cancellations. This allows families to strategize debt repayments or asset distributions privately.
2. Same-Day Discovery and Multi-Asset Handling: The platform identifies assets across categories (e.g., real estate, vehicles, credit cards) in one automated sweep, a capability absent in traditional probate services or legacy estate tools.
3. Free Discovery with Transparent Monetization: Sunset charges no fees for asset discovery, instead earning revenue through interest generated on consolidated estate accounts managed by its SEC-registered advisory subsidiary. This aligns incentives with long-term user financial outcomes.

Frequently Asked Questions (FAQ)

1. How much does Sunset cost? Sunset’s asset discovery service is free, with no fees for identifying accounts or liabilities. Revenue is generated only when users opt to consolidate assets into a Sunset-managed estate account, where the platform earns a percentage of interest accrued during the investment period.
2. How does Sunset ensure data security? All user data is stored in SOC 2-certified databases, with financial institution connections secured via ISO 27001 and ISO 27701-compliant encryption. Sunset Advisory, LLC follows SEC-mandated protocols for asset management, including audit trails and access controls.
3. Can Sunset handle debts and liabilities? Yes, the platform identifies outstanding obligations such as credit card balances, mortgages, and personal loans but does not notify creditors. Families decide which debts to repay and when, using estate funds transferred to the Sunset account.