ALL INFORMATION PROVIDED IS STRICTLY CONFIDENTIAL.
One of our goals is to assist you in identifying your estate planning objectives and family values so that we can focus our conversations on the issues most important to you.
CHILDREN’S INFORMATION
(Please indicate if you are joint parents (JP) or individual (Person 1) or (Person 2)
CHILD #1 INFORMATION
CHILD #2 INFORMATION
CHILD #3 INFORMATION
CHILD #4 INFORMATION
CHILD #5 INFORMATION
CHILD #6 INFORMATION
CHILD #7 INFORMATION
CHILD #8 INFORMATION
YOUR PLANNING OBJECTIVES AND FAMILY VALUES
PROTECT YOUR CHILDREN OR OTHER BENEFICIARIES
Please rate the following planning objectives and family values on a scale of 1 to 5 as to how important they are to you. (5 critical, 4 very important, 3 important, 2 slightly important, 1 unimportant, N/A if inapplicable)
How important is it to protect your beneficiaries...
From predators who can discover inheritance amounts and target young/vulnerable beneficiaries
From claims of divorced spouses to take half of your child or beneficiary’s inheritance
From malpractice claims, for beneficiaries with a professional practice
From other creditors’ claims (such as car accident)
From the stress and delays of the average 9 to 16 month process of probate
From the financial immaturity resulting in a quick loss of an inheritance
From sharing assets with heirs you would rather disinherit
From litigation claims by disinherited heirs
For parents only: from relatives who would be poor, abusive or even dangerous guardians or from foster care
For parents only: from acquaintances and relatives who should not be allowed to be alone with your children
For special needs beneficiary only: from neglect in the government care system
PRESERVE AND MAXIMIZE ASSETS
How Important is...
Minimizing taxes during your life (income taxes, capital gains taxes, estate taxes on inheritances you expect to receive)
Minimizing or eliminating estate taxes upon your death (up to 55% of your assets and life insurance benefits)
Reducing estate administration costs through probate avoidance
Ensuring that a special needs beneficiary has assets that are protected from government seizure while retaining eligibility for needed services
Ensuring that your family has enough life insurance to provide a comfortable lifestyle
Ensuring that your assets are passed to your descendants and not given away to outsiders, such as spouses, creditors or the government
PROTECT YOURSELF AND YOUR PARTNER/SPOUSE
How important is protecting yourself and your partner/spouse...
From malpractice or other creditor claims
From conservatorship proceedings (aka “living probate”) if you become incapacitated
From probate delays and stress upon your death or the death of your partner
From hospital policies requiring life sustaining procedures when you would rather not endure them
From healthcare decisions made by people other than those you trust most
TAKING CHARGE OF YOUR LIFE
How important is it to...
Get your financial life organized
Have clarity about your life purpose, goals and dreams
Benefit a charitable organization or activity
Support a common family goal through coordinated planning
Have a plan to leave the world a better place
Leave behind specific intellectual, spiritual, and human assets in addition to your financial assets
For parents only: Specify the values, insights, stories and experiences you want passed on to your children and how you want the money you leave behind used for your children
For special needs beneficiaries only: Provide instructions, people, and assets to support your special needs beneficiaries above a poverty lifestyle
For business owners only: Provide for the orderly continuation and transfer of family business interests rather than a distress sale
FAMILY VALUES
How important are...
Cultural values such as art, music, travel.
Economic values such as financial responsibility, frugality, savings.
Educational values such as study, self-improvement, academic achievements, lifelong learning.
Emotional values such as compassion, kindness, generosity.
Ethical values such as honesty, fairness, justice.
Material values such as possessions, social standing, rank and title.
Personal values such as modesty, loyalty, independence.
Philanthropic values such as volunteer work, donations (time and money).
Physical values such as health, relaxation, exercise, appearance.
Public values such as citizenship, community involvement, public service.
Recreational values such as sports, leisure time, hobbies, vacations.
Relationship values such as family, friends, colleagues.
Spiritual values such as faith, belief in God, inner peace.