An Estate Planning, Elder Law and Tax Practice
Serving Maine and Massachusetts
Helping you focus on what matters most.
Visual Aids - Are you seeing the whole picture?
Estate planning can be complicated and difficult for clients to understand. Clients may not, over time, remember exactly what their plan accomplishes or how it functions.
Like most estate planners, in addition to reviewing a plan with the client in person, I use letters or memos to explain an estate plan to a client. Letter and memos provide the client with something to refer to in the future for clarification.
To further aid clients I also use custom visual aids that I create for clients, such as flow charts and diagrams. Visual aids may help some clients to better understand the whole planning picture or a particular transaction. Visual aids may also assist clients in recalling in the future how their plan functions and what it accomplishes.
Visual aids may also help others, such as financial advisor, accountants,
trustes, personal representatives (also called executors), heirs of an estate or the attorneys employed by such individuals, in understanding the structure of an estate plan.
Example:
The following are samples of other visual aids I use (click on the links below):
Illustration of how different assets pass at death
A complex estate planning involving a business and Irrevocable Life Insurance Trust (ILIT) planning
Tax filing requirements in a simple estate
A sample plan alternate plan for the year 2010 if an estate tax is imposed retroactively
A sample estate tax plan estimating the estate tax due on the death of the second spouse
Disclaimer: The sample visual aids presented on this website do not constitute legal advice and are intended as samples for advertising purposes. The samples presented are for illustration purposes only.
Attorneys in York, Maine serving Maine (York and Cumberland counties including: York, York Beach, Kittery, Kittery Point, Eliot, South Berwick, North Berwick, Berwick, Ogunquit, Wells, Kennebunkport, Kennebunk, Alfred, Lyman, Arundel, Biddeford, Saco, Sanford, Springvale, Acton, Shapleigh, Limerick, Scarborough, and Portland) and Northern Massachusetts (including: Boston, Saugus, Dorchester, Roxbury, Waltham, Beverly, Lynn, Medford, Newbury, West Newbury, Newburyport, Newton, Peabody, Lowell, Lawrence, Andover, Boxford, Amesbury), with a focus on Estate Planning (Wills and Trusts, probate and estate administration), Elder Law, and Tax (estate, gift, and income) matters, and providing general business formation (LLC, Corporations, and General and Limited Partnership) services and business succession planning and real estate services.
