what's a succesful estate plan?
You may wonder what an estate plan entails. A proper plan ensures the income needed to maintain your lifestyle while responsibly providing for your heirs. Beyond dollars and cents, there are less quanitifiable concerns too such as end of life wishes. Our process ensures these goals are met.
An estate planning attorney has the opportunity to make a difference in their client's lives. The first step is to ascertain the relevant facts and the client's objectives when developing a plan. Misinformation or the lack of necessary information can significantly affect the validity of the plan, and therefore the end result. Here is a general outline of our process:
Our process begins with a questionnaire and a consultation. Our questionnaire is designed to provide the attorney with all the information necessary to assess the situation and implement an appropriate plan. Having the questionnaire completed prior to the consultation will allow the attorney to address the client's questions and concerns without the delay of gathering information during the consultation.
Your attorney will help fully explain topics such as the difference between a revocable and irrevocable trust, asset protection during your lifetime and how to avoid probate.