Becoming a Client Is Simple
Understanding the David Payne Law Approach to Estate Planning
Becoming Client Is Simple
#1 – Who are we taking care of?
Who are the Important People in your life? Beginning with yourself, they also likely include your loved ones: your spouse if you are married, children and grandchildren if you have any, perhaps your parents, siblings or other relatives. Beyond these, however, “Important People” also could include charities, special causes, colleges or universities, or churches to which you are committed. Spend some time thinking about the impact others have had on your life. Make a list and jot notes if you like. This is where the planning process truly begins. But no need to spend to much time preparing, because becoming a client is simple.
#2 – What are we taking care of?
What are we taking care taking care of? By this, we mean your home, land, finances and all your assets. Make a list of the assets you own or control. At this point, you do not need to identify insurance policy numbers and exact dollar values. Rather think through your assets in terms of their nature (cash, stocks, bonds, real estate, etc.); their value in thousands of dollars; and your ownership interest: Do you own assets in your name only, in joint tenancy with someone else, or through a trust agreement or some other arrangement? Becoming a client is the best way to help us take care of all the people you have in your estate plan.
#3 – How are we going to make it happen?
After identifying the “Who” in your life we need to care for and the “What” you have, the next step is get to the “How” when we consider the plans you would make for those people (including yourself) and that Property in the event of your own incapacity or death. We like to keep things simple, yet comprehensive.
Who would you name to make decisions for you if you could no longer do so yourself? Would the same person handle your finances and your personal and health care decisions? Who would care for your minor children? How would you distribute your assets to your heirs? Would you prefer to spare your heirs the potential cost and hassles of the probate process? Would you like to minimize the impact of estate taxes … or maximize the impact of a charitable bequest? Is there someone in your family with special needs for whom you would like to provide? Is there someone who perhaps should not receive a great deal of (or any) money without some outside oversight?
These are just a few of the issues to consider when approaching the planning process. Becoming a client is simple, give us a call or Book your Planning Session through our website.
When You Are Ready
Are you ready and ready to act now? Becoming a client is easy. When you are ready to schedule a Planning Session, please call or complete the Book a Call form and we will give you a call to schedule.