Investment Planning

  • Discuss goals for estate plan – review tax opportunities and personal objectives
  • Review family situation – children, grandchildren, marital relationship
  • Review current wills; recommend changes consistent with goals and circumstances; address control of assets after death (trust/outright), further limited by QTIP
  • Ensure current documents reflect and incorporate changes in federal law
  • Discuss credit-shelter trust, generation - skipping trust (proper allocation of exemption)
  • Review charitable trust/gifts
  • Review estate equalization and gift-planning for reducing estate taxes
  • Review all beneficiary designations to assure conformity with wills/trusts
  • Review lifetime revocable trust
  • Review durable power of attorney
  • Review living will and medical directive
  • Meet with attorney to implement re-drafting of estate documents
  • Prepare Family Estate Roadmap (i.e., a plain-language description of the estate plan containing estate-tax balance sheets, estate-tax projections, laymen's explanation of wills/trusts, estate flow charts, beneficiary chart, list of personal advisors, copies of all wills/trusts, location of all important documents)