The Legacy Law Center enjoys helping clients plan their estates. We understand that our clients are not attorneys and so we have two specific goals to accomplish for our estate planning clients.
First, we want to make sure we understand the specific estate planning needs of our clients and recommend and implement the proper plan.
Second, we want to make sure our clients understand their estate plan. This may sound obvious. However, many people have an estate plan but don't know what it includes or who they have provided for in it.
The Legacy Law Center not only explains estate planning concepts in a non-legal way, but provides clients with an Estate Planning Summary which explains provisions in simple terms. Our estate planning process is designed to be simple and effective.
Prior to the initial meeting with Legacy Law Center, we will send you a questionnaire for you to complete. This will ask for information about you and your family, information about the assets of you and your spouse, if you are married, and the names of fiduciaries whom you would like to appoint for various roles in your estate plan.
At the initial meeting we will explain the estate planning process and go over your circumstances, finances and goals.
Typically by the end of the meeting clients come to a conclusion as to the desired structure of their estate plan. The documents may include a Will (or a Pourover Will where a Revocable Trust will also be used), a Revocable Trust, a Financial Power of Attorney, a Healthcare Power of Attorney, a Healthcare Directive and any other documents a client may specifically need for their estate plan.
Following the initial meeting, Legacy Law Center will send you drafts of the documents which the client requested be prepared. Clients review them, along with a helpful Estate Planning Summary and contact your attorney with any particular questions, or changes. At the next meeting, your attorney will review the documents in detail with you and if they are acceptable to you, they will be signed at the meeting.
You will be provided with the originals of the documents as well as a copy of each of the documents. You may want to provide a copy of the documents to a family member, or at least let the family member know where the copy and the and the originals are located.
After the completion and signing of your documents, we suggest that clients review them every three to five years and and contact your attorney to discuss whether any changes should be made.