 he Family Real EstateCare™ Plan
Proper real estate planning allows you to have the security of having your family assets, investments, and welfare protected, while allowing your investments to capitalize on real estate investment cycles. Your real estate plan should prepare for all asset protection and tax consequences regarding real estate transactions, as well as purchasing, holding, developing, and sales strategies.
Pre-Engagement
After review of with your Financial, Legal, Real Estate, or Accounting advisor, and it is determined that your real estate plan can benefit from our services, you or your advisors will be contacted by a member of Strazzeri Mancini LLP. It is our belief that you should involve your other advisors in your planning process 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 in the process. This is Collaborative Real Estate Planning.
Gathering The Real Estate Assets
During our initial contact we gain a basic understanding of your family’s real estate and estate assets, objectives, and concerns. We will explain our real estate planning process and schedule a time for you to meet with our attorneys and often, your other key advisors.
We will send your Confidential Real Estate Information packet which includes:
- The date and time of our meeting
- Directions to our firm’s office
- An explanation of the process ahead
- Basic information about real 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 Booklet online.
Evaluation
Our team together with any other necessary key advisors performs a detailed review of you real estate and overall estate plan related to your personal family’s needs and objectives. We organize all of the information to be accessible to you, our firm’s team members, and as needed, your other key advisors. The organization of your information in this manner ensures a meaningful and productive initial visit.
Initial Visit
We discuss with you all of your current real estate ownership interests, whether personally or with others, as well as your objectives, legal requirements, and options. During these discussions we come to a deeper mutual understanding of your real estate investment dynamics as well as your unique needs and goals. We explore how your family’s lives will be best served by executing a professionally analyzed, developed, and implemented plan. Your real estate and estate questions are answered regarding the particulars of the law as it relates to your property. We take you step-by-step through the preliminary planning stages from the various ownership, use, taxation, and protection issues of your real estate investment and how it fits into your overall planning.
Engagement
After review of with your Financial, Legal, Real Estate, or Accounting advisor, and it is determined that your real estate plan can benefit from our services, you or your advisors will be contacted by a member of Strazzeri Mancini LLP. It is our belief that you should involve your other advisors in your planning process 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 in the process. This is Collaborative Real Estate Planning.
Analyzing and Testing
We analyze, test, and challenge combinations of planning theories and strategies for the Ownership, Use, Taxation, and Protection of your real estate. We determine the legal and tax structures 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/or schedules our firm and your other advisors build every aspect of your comprehensive and understandable Real 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 your along with your advisors. We offer you the added benefits of incorporating into your real estate planning all the wisdom, judgment, and expertise of successful practicing professionals in many distinct disciplines. With your understanding and approval, we proceed to the signing of each of your plan and legal 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 question and present you with your family’s completed plan. We will also assist you with any future issues related to ownership of your real estate.
Change is inevitable. It poses both dangers and opportunities. To help you make sure your estate plan is always current and maximizing value, Strazzeri Mancini LLP offers The Family Real EstateCare™ Program, our formal client updating process.
Find out more about our Family Real Estate Planning process:
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