The Estate Planning Process

The execution of your estate plan takes place over a period of time and should be periodically reviewed to make sure it still meets with your goals and objectives in light of changing circumstances. But determining your goals and objectives is the first step. Next we analyze the potential costs (estate taxes) that would be incurred if no planning was done. That step is very enlightening and demonstrates the value of estate planning.

Once the “no-planning” analysis is completed, the next step is to gather pertinent family and financial data. Given that information, we prepare several scenarios that may satisfy your goals and objectives. The plan is then put into effect. It is never too early for estate planning.