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Overview
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LifeStyle Personal
Planning™ Process
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The
Estate & Business Planning Team
As an estate and business planning law firm, we work closely with other professional advisors, including Certified Financial Planner™ Practitioners, investment advisors, financial consultants, insurance professionals, Certified Public Accountants, and tax advisors. We believe the team approach provides our clients with the most comprehensive, realistic and effective estate plan. To that end, we strive to keep you informed and involved at all stages of the estate planning process.
Because we practice in a team with you, the financial professional, we
understand the financial planning process and are better positioned to work
with you and your clients.
The LifeStyle Personal
Planning™ Process
Our law firm has developed the LifeStyle Personal
Planning™ process for our clients. We believe that personal planning should be for us today, meaning we need to focus on making our lives better today for our clients. LifeStyle Personal
Planning™ is a system of making sure our estate plans are plans that work, as opposed to plans that don't work - because most estate plans don't work. As many of our clients have fast-paced life styles, we want to design
LifeStyle™ plans for them that keep up with their hopes and dreams. Much of what we do focuses on active cooperation with our financial advisors to ensure that our mutual clients enjoy that life style today.
The
LifeStyle Planning Process™
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Step One: The Initial Consultation
We offer all prospective clients a complimentary initial consultation. With the clients' permission, we encourage you to attend this initial consultation as well. If this cannot be arranged, we will seek the clients' permission to discuss their estate planning with you afterward.
During this first meeting, we will spend approximately an hour with your clients. After listening to your clients' needs, plans and goals, we will generally make some estate planning recommendations. If the situation is complex, we will ask for a follow-up meeting to present a summary and specific recommendations.
After making our recommendations, we will quote a flat fee for design, drafting and implementation of the plans. Your clients then may choose to engage our firm by signing an engagement letter and making a 50 percent non-refundable deposit; or they may choose to take some time to reflect before moving ahead.
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Step Two: Signing the Documents
Should your clients choose to engage our firm at this point, a follow-up meeting to sign documents and begin implementation of the plan will be scheduled ... normally within a week to ten days. This meeting may be quite lengthy as we will thoroughly explain the planning documents to your clients, and to their family members if necessary. We also will explain the trust funding process -- whether your clients choose to engage our firm in this process, or prefer to complete the process themselves, or with your assistance.
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Step Three: Follow-Up
We have an extensive follow-up system, which we believe helps build stronger client relationships. Each of our clients receives a follow-up letter after their plan is complete and a continued subscription to
Pocket Watch®, our estate planning newsletter. Through the newsletter we attempt to keep our clients informed of changes that could affect their planning, and to help them maintain an awareness of their estate planning goals. In this manner we hope to ensure that our clients' plans are never out-of-date with their current needs. Every two years they receive a personal letter encouraging them to come in to review their plans and make any necessary changes.
Resources
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Professional
Education
Please visit our Professional Resource Center for our schedule of MONTHLY study group meetings for professionals and for our extensive continuing education offerings. While you are there, reserve your space to attend the next study group meeting or continuing education class, or request educational materials by email.
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Client
Education
Please visit our Client Resource Center for an online library of articles on issues related
to estate planning or view our Pocket
Watch® archives. We have posted a number of articles suitable for use
as hand-outs to your clients.
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Joint Marketing
We are happy to work with you to speak to your clients or prospects on estate planning and business planning issues, including basic estate planning, charitable giving strategies, generation-skipping and other advanced topics, business succession, business income tax elimination, or asset protection. Please call the office
at
(800) 660-7564 if you would like to plan a workshop.
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Pocket
Watch®
Electronic Newsletter
Each month we produce an online-newsletter for
professional advisors and clients. To subscribe to our electronic
newsletter simply submit the following form and we will add you to our
list.
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