At Tirey Law Firm, we work closely with other professional advisors, including Certified Financial Planner™ Practitioners, investment advisors, financial consultants, insurance professionals, Certified Public Accountants, and tax advisors as part of the estate planning team. We believe the team approach provides our mutual clients with the most comprehensive, realistic and effective estate plan.
Our approach is to provide our clients with a questionnaire. We ask our clients to fill out this questionnaire and send it to us prior to or bring it with to the first consultation. This not only facilitates a more productive first meeting but helps our clients focus on the issues and decisions they must make in order to develop the most effective plan to meet their goals. We are happy to have this consultation in the advisor’s office if requested by the potential client.
At the initial consultation, we provide the client with our general recommendations and a free quote for the services we will be providing. If the recommendation is for a will, we may proceed directly to the planning stage, time permitting. The client will be provided with an engagement letter and terms of engagement which may be signed at the meeting, or when appropriate may be taken with them for review and signature. At the end of this meeting, a date for drafting meeting is generally set.
Next comes the drafting meeting, during which we will obtain additional information from the client, clarify goals and information, and discuss options and tradeoffs. Sometimes additional information is needed and will be requested. We use all appropriate avenues of communication: phone, email, messaging through a secure server and in-person meetings. We firmly believe that ongoing communication is an essential element of developing an effective plan and building a life-long relationship with our clients.
We also believe that no client should sign any document without a comprehensive understanding of its content and the ramifications thereof. To that end, we dedicate a significant amount of time to the signing of documents. It allows us to explain each section of the plan, and answer any questions that have come up in the process.
If a trust is prepared and the client has engaged us to help in funding the trust once documents are signed, we work directly with our clients, or with you, or both, to ensure funding. We encourage yearly or bi-yearly reviews of estate plans and also keep our clients and advisors regularly informed through newsletters. Through these regular touchpoints, we keep clients informed about changes in the law that might affect them and remind them to monitor their plans with regard to major life events.
Every professional organization has different processes and different methods for interacting with clients. We are happy to work within your processes or blend our respective methodologies. Our primary goal is to serve the needs of clients and we welcome the opportunity to serve them within the team environment.
- Client Education: Please visit our Blog for an online library of articles on issues related to estate planning. We have posted a number of articles suitable for use as client education.
- Joint Marketing: We are happy to work with you to speak to your clients or prospects on estate planning issues, including basic estate planning, charitable giving strategies, generation-skipping and other advanced topics, business succession, or asset protection. Please call the office if you would like to plan a workshop or a "Client Appreciation Event."
Monthly Estate Planning E-Newsletter: Each month we produce an electronic newsletter, on estate planning issues, for professional advisors like yourself. You may subscribe online and we will add you to our monthly e-mail list.