Estate tax planning deals with the “stuff” we’ve accumulated over the years. Our goal with any estate tax work is to help our Clients clearly understand what their planning options are, and then to implement them in a non-intrusive and easily understood manner.
The challenge with this goal is estate tax planning can get complicated. The larger the estate, the more complicated the plan becomes. We’ve seen Clients become frustrated and confused and, as a result, they will stop the entire process. At Stage 2 Planning, our goal is to keep the process moving forward while you implement bite-sized parts of your plan.
When we keep meetings short and implement parts of the plan one piece at a time, our Clients often keep the process going because they understand what they’re doing and why they’re doing it. Most important, they feel like they are in control of the process.
We believe it’s our job to help you limit the amount of activities that become part of your estate planning process. When you limit the various thingsyou’re doing at one time, it often becomes easier to finish smaller projects. By linking projects together, you will stay in charge of the process. This will allow you to evaluate how each of the issues you face will make you or your family’s life better.
Some of the activities we help Clients with in this area are:
- Constructing an estate plan that helps you achieve your financial and non-financial goals.
- Helping you understand insurance options.
- Helping you attain competitively priced insurance from a highly rated company.
- Helping you work with the other members of your estate planning team, coaching you in activities that keep you in charge of the process.
- Always asking how our suggestions will make your life better, giving you a chance to integrate your thought process into the next section of your plan.
For many, estate planning is a frustrating process where they might feel out of control. We believe that a successful engagement in this area always leaves you in control. This is achieved by ensuring you understand each step of the journey. When we do this successfully, we often help our clients have confidence which, in turn, making their lives better.