Appointment Agenda - Living Trusts

Beneficiary Designations: Life Ins., 401K, IRAs.

Client Questions & Answers. 

Key steps:

• 1st meeting: design estate plan 

• Drafts of Trusts, etc., sent by email or mail followed by a telephonic conference 24 hours later to discuss changes, if any.

• 2^nd meeting: sign will, trusts, review beneficiary designations; trust funding instruction, sign residence deed.

• 3rd meeting: complete trust funding agreement, Ethical Will, or other special needs.

Optional Funding Agreement - the office includes basic funding instructions and deed preparation without additional charges to both our private-pay clients and our legal plan clients.  More complication estates may require a separate funding agreement to cover transfers of complex or scattered items such as stocks, bonds, options, business interests, collectibles, and investments.  Legal plan clients may also opt for more complete services so that all property can be transferred to the living trust without error, omission or frustration. 

Optional Ethical Will - although our trust documents are sophisticated and meet most trust-makers needs, you may still want an exceptional gift for your family.  The way to make a unique gift from the heart or solve a difficult family problem may be with an Ethical Will.  This will can also be used to give guidance to a trustee's discretion when making trust distributions. This is of great importance when setting up a SNT trust or other long-term trust.

Estate Taxes - net worth over $1,000,000, including life insurance, may require tax planning.

Fees- recording and notary charges are not legal fees and are extra costs.  These will be estimated when the retainer is signed.