Fifth Third Bank entered a strategic relationship with Trust & Will that will allow customers to set up digital estate plans within minutes, according to a press release.

Trust & Will, a San Diego-based fintech startup, allows users to set up wills, trusts and guardianships online without the need for trust attorneys.

Company officials said the agreement highlights a growing need for more efficient estate planning due to the COVID-19 pandemic, when families have been forced to care for parents or other family members and need affordable and accessible tools to conduct business.

"Helping our customers reach their financial goals is very important to us, and we want to provide access to easy-to-use digital tools to protect their money, prepare for the future and plan for the long-term well being of their families," Howard Hammond, head of retail banking and brokerage distribution at Fifth Third Bancorp, said in the release.

Fifth Third Bank, based in Cincinnati, has 1,123 branches and $185 billion across the Midwest and southern U.S.