Estate Planning For Out-of-State Residents

We offer our clients who live in other states access to comprehensive estate planning services, assisting them in planning the disposition of their estates. In partnership with attorneys, we assist in the preparation of estate documents and address tax planning, trusts for children, charitable giving, selection of executors and trustees, and asset titling. We also address living needs, such as planning for incapacity, using trusts and powers of attorney. Many people think of estate planning as encompassing only the issue of leaving property to their heirs, but there is a living aspect of estate planning. What happens if you are incapacitated? Who will help you? Just because you have a spouse or parents, it doesn't mean they can, will, or should automatically step into your shoes. They must have legal authority. Living wills, durable powers of attorney and advance medical directives are critical elements of estate planning. Many of our clients who required or requested estate-planning services had outdated documents—or none at all. Many had not taken advantage of substantial estate tax savings opportunities. We can help our out-of-state clients find a local attorney who specializes in estate planning.

Our Estate Planning Process for Our Out-of-State Clients Includes:

Gathering data about assets and liabilities.

Assigning “homework” to you—a collection of educational articles and other materials to give you a basic education on estate planning.

Presenting an estate “tutorial” to educate you and review the most important estate planning and tax savings concepts.

Making detailed recommendations as we go through the planning process together.

Making detailed recommendations as we go through the planning process together. Communicating with your attorney and sending your plan details to him or her. The attorney prepares drafts and mails them for your review at your convenience. You then meet with the attorney to execute the documents.*

Funding your trusts if you have one or more. We make recommendations as to how you should fund them, and manage the funding process.

Assisting you in properly titling assets to ensure your estate plan is carried out as you wish. The estate planning services described above are included at no extra charge as part of our wealth management fee. (See fee schedule for exceptions.) Please note the attorney’s fees are not included in our fee.