Our Planning Process
This first step is to educate. Attend one of our free Estate Planning Seminars to learn more about what you can do to plan for your family, protect your assets and preserve your legacy. Our seminars explain different planning techniques and the advantages and disadvantages of each. These seminars provide you with a greater understanding of the importance of estate planning, the parties involved in the process and the various roles such as the executor and trustee.
The second step is to schedule an initial consultation. Schedule an initial consultation with us for a nominal fee! This will give you the opportunity to share your goals with us and tell us your story. During this meeting, we may discuss your loved ones, assets and anything else that has prompted you to now get an estate plan in place. The only requirement is that you complete our intake worksheet and provide it to our office at least 24 hours prior to your consultation.
The third step is to recommend and plan. At this step in the process, based on the information gathered at the initial consultation our recommendations are made.? We may either suggest a Will-based plan or a Trust-based plan, it all just depends on your goals, the needs of your family members, your assets and any other relevant factors. Our goal for the design meeting is to provide you with the best options so you can make an informed decision to meet your specific needs.
Gain peace of mind knowing your legacy is protected with your completed estate plan from the Thompson Mungo Firm.
The fourth step is to execute. During this meeting the documents prepared for your plan will be thoroughly reviewed with you. We will discuss the purpose and intent of the language crafted to achieve your desired goals.? All the documents prepared for your plan will be signed at this meeting.
The fifth step is to fund, this step is only applicable to Trust-based plans. Trust planning requires additional preparation such as the transfer of assets into the trust and additional document preparation. We will identify a plan to accomplish this step in the most efficient way and adjust the plan as necessary to accomplish your Trust-planning goals.
Get Started Today
Keep in mind that estate planning is not a one size fits all process, it is unique to each individual and family. Our firm is dedicated to making sure you are comfortable with your plan and most importantly that you understand your plan. Contact our office today to schedule an appointment.
Estate & Trust Planning for Married Individuals worksheet