The Design Meeting:  Where personalization of your estate plan takes place

Now that we have taken the time to discuss your estate planning needs during our initial consultation, the design meeting is the time to delve deeper into your unique situation and personalize your estate plan to reflect your specific wishes and preferences.couple planning

1. Who will inherit your legacy?

  • Who are the individuals or organizations you envision receiving your assets after your passing? These are your primary beneficiaries.
  • Do you have anyone in mind as alternative beneficiaries? In case your primary beneficiaries predecease you, it's crucial to designate alternative inheritors to avoid confusion and potential legal issues.
  • Are there specific items you'd like to leave to certain individuals or charities? This is where you can specify sentimental belongings or charitable donations you wish to make.
  • Do you have minor children? If so, we can discuss establishing a trust to manage their inheritance until they reach adulthood. This ensures responsible handling of their assets until they are mature enough to manage them independently.

2. Choosing the right individuals to manage your estate:

  • Who do you trust to handle the legal and administrative processes after your passing? This individual will be your executor or personal representative, responsible for tasks like paying your debts, managing taxes, and distributing your assets as per your instructions. Choose someone reliable, organized, and comfortable handling such responsibilities.
  • If you are creating a trust, who will you appoint as the trustee? This individual is responsible for managing the trust assets according to your wishes. Choose someone trustworthy, financially responsible, and capable of making sound financial decisions.
  • In case you have minor children, who would you like to act as their legal guardian? This individual would assume parental responsibility for your children if you are no longer able to care for them.

3. Making your personal wishes known:

  • Do you have specific instructions regarding medical care in case of an unforeseen situation where you cannot make decisions yourself? If so, we can incorporate your wishes into a living will or healthcare power of attorney. This ensures your preferences are respected when it matters most.
  • How do you want your digital assets (like online accounts or social media profiles) to be handled after your passing? We can discuss options for designating beneficiaries or setting instructions for managing these assets in your plan.
  • Do you have preferences regarding your funeral arrangements? Sharing these preferences with your loved ones can alleviate the burden and ensure your wishes are honored during a difficult time.

An Open Dialogue for a Personalized Plan:

This design meeting is not just about us asking you questions. It's a collaborative process where we actively listen to your concerns and preferences. Feel free to ask questions and share any details you feel are important. Our goal is to provide clear explanations and various options tailored to your situation so you can make informed decisions.

Building Your Legacy Together:

By the end of this meeting, we will have a comprehensive understanding of your unique needs and wishes. This information will be the foundation for drafting your personalized estate plan, ensuring your legacy is protected and your loved ones are cared for according to your intentions.

Remember, this is just a starting point, and we can continue refining the plan as needed. We are here to guide you through every step of the process and ensure your estate plan reflects your values and aspirations for the future.

Once we are done with the design meeting, the next step is drafting, which is when we take what we've learned from the vision and design meetings to write the estate plan that reflects everything you are looking to accomplish.