I’m Ready, Now What?
After contacting the firm and having a brief conversation about you, your family, and your needs, the firm will provide an estate planning questionnaire to fill out. The questionnaire will go over the details regarding your family and your assets to provide a roadmap for your estate plan. The following is a list of steps and what to expect during the estate planning process.
STEP 1: Fill out the Estate Planning Questionnaire
The firm will send a questionnaire either electronically or by mail. The questionnaire will cover a variety of topics which will include your family, assets, medical preferences, and who you might consider to act as your fiduciary. The questionnaire is comprehensive so do not worry if you are unsure about a section or about filling out the entire questionnaire. We can always discuss any unanswered items during the initial consultation.
STEP 2: Schedule the Initial Consultation
At this meeting we will sit down and discuss your estate planning questionnaire. I will explain in further depth what each type of document is and the role it plays in your estate plan. We will discuss your goals and assets. I will provide you with recommendations as to what your estate plan should include. We will also sign your engagement letter outlining the firm’s services and fees.
STEP 3: Estate Plan Summary, & Drafts
Homework? Most likely almost everything will be covered in the estate planning questionnaire and the initial consultation, but some follow via telephone or email may be necessary. As soon as we have finalized all the details the firm will provide you with drafts of your estate plan and a summary of the pertinent details. After you review the drafts it will be time to schedule a review and revision meeting.
STEP 4: Review and Revision Meeting
At this meeting we will go over your estate plan drafts to ensure accuracy and we will discuss any unanswered questions you may have after reviewing the estate plan documents.
STEP 5: Execution Meeting
We will meet along with two witnesses to sign your estate plan documents. There will be a few brief questions asked throughout the process to ensure the legal requirements for execution are met, but mostly it will involve signatures and initials.