 reating the Family Estate Plan
An "estate plan" is more than a set of instructions that tells the government who your property should go to after your death.
Pre-Engagement
After review with your Financial, Legal, or Accounting advisor, and it is determined that your family may benefit from our services, you or your advisor will be contacted by a member of Strazzeri Mancini LLP. It is our belief that you should involve your other advisors in your planning and keep them apprised of steps you are taking. In this way everyone is fully informed and has a chance to offer their particular expertise to the process. This is Collaborative Estate Planning.
Gathering the Estate
During our first phone conversation we gain a basic understanding of your particular situation and concerns. We will explain our planning process and set a time for you to meet with our attorneys and often your other advisors.
We will send you our Confidential Personal Information packet, which includes:
- the date and time of our meeting
- directions to our firm's offices
- an explanation of the process ahead
- basic information about estate planning and our firm
- a Confidential Information Booklet for you to fill out and a list of requested documents.
* If you wish, you may fill out the Confidential Information Packet online.
Evaluation
Our team performs a detailed review of your family and estate information. We organize all of the information to be accessible to you, our firm's team members, and often your other professional advisors.
Initial Visit
We discuss with you all of your current legal documents and the structure of assets in your estate. During these discussions we come to a deeper understanding of your family dynamics, your unique needs, and your desires. All of your questions are answered regarding the particulars of the law as it relates to your family and estate. We take you step-by-step through the preliminary planning design and record every reaction, critique, and idea in order to further tailor the plan.
Based on what we learn in these conversations, we outline our recommendations, including all fees, deadlines, and responsibilities. The tasks that lie ahead are explained in order to provide an understanding of each step and the approximate time line. Together, we transform complex financial and emotional considerations into a workable and understandable Preliminary Plan.
Engagement
Analyzing and Testing
We analyze, test, and challenge combinations of planning theories and strategies for the allocation, distribution, and protection of your assets. We determine those that will best fulfill your stated needs and desires for you and your family. This Preliminary Plan is often enhanced by the contribution of your other advisors.
Building the Plan
Through the use of legal documents, narratives, graphs, charts, models, and schedules, our firm and your other advisors build every aspect of your comprehensive and understandable Estate Plan.
While there is no perfect answer, we strive for the optimal impact within a manageable plan.
Presenting the Enhanced Plan
We review and confirm all aspects of the plan with you. With your understanding and approval we proceed to the signing of each of your plan documents.
Implementation
We assign every detail of the plan to the appropriate advisors for immediate action. Each advisor provides you with a detailed plan and implementation schedule.
Confirmation
We answer any remaining questions and present you with your family's completed plan.
To further ensure that your Family EstateCare Plan remains up to date and accurate, Strazzeri Mancini LLP offers the Family EstateCare Program.
Family Estate Planning
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