The Estate Planning Process and its Benefits

14 May The Estate Planning Process and its Benefits

The Estate Planning Process and its Benefits

Estate Planning is a process that requires thought and advice. Here are the steps:

1. Disclosure and verification—having all the information.
2. Identifying objectives—what do you want to accomplish and for whom?
3. Analysis—where are the obstacles to accomplishing the objectives?
4. Identifying Strategies—what are the possible solutions to achieve the goals.
5. Evaluating Strategies and Recommendations
6. Deciding on a Plan and Giving Instructions
7. Implementation
8. Follow-Up

There are many advantages to doing Estate Planning as a Process:

1. The plan is tailored to your needs and goals.
2. Through the process you may uncover issues that you did not know.
3. Helps prevent errors.

Assures that the plan is executed soundly and without undue influence

Joel Rose

With over 35 years of experience, Joel Rose helps families – and their businesses – to prepare for the future. He offers guidance and support to help his clients create estate plans and succession plans that meet the needs of the whole family. Through his extensive professional and personal experience, Joel is known for his compassion and his ability to find a creative solution to meet each family’s needs.