Software Flexibility
Like every profession, the law is in an era of automated information processing. We may not have been the first to recognize this--but we were among the first to do something about it. As a result, today we use a sophisticated estate planning software system which we have developed and refined over many years to produce the comprehensive Estate Planning documents we offer.
We have made ourselves and our systems unique. Our documents are regularly updated to reflect the latest changes in both legal interpretation and tax application. For example, our documents account for the applicable tax laws and regulations of the several states. Thus, if your client moves to a new legal jurisdiction (not unlikely in our highly mobile society), the documents we have prepared adjust to that, insuring the basic tax protections remain.
The options and contingencies we are able to deal with as a result of our extensive data base of documents are unparalleled and ensure the highest possible quality.
Our software is constantly being refined. So, we're always in the best position to react to the specific needs of your clients through total document customization. We know that a "boiler plate" estate plan isn't adequate. So we make sure the opportunity for broad selection of individual provisions is maximized.
For example, you can provide for:
- The ability of beneficiaries to change the terms of a trust through the use of powers of appointment...without causing the property to be included in their respective estates at death.
- The creation of marital deduction trusts as general power of appointment trusts, Q-Tip trusts or Q-Tip with limited powers of appointment.
- The funding of revocable trusts during the client's lifetime so as to avoid probate. (This is especially advantageous when a second home is owned in another state).
- The creation of a real estate trust as a title holding vehicle on behalf of a revocable inter vivos trust to maintain the privacy of a client's affairs.
Options like these, and many others, enable you to provide an estate plan that really works for your client...one that's flexible, adaptable and, most importantly, provides maximum economic protection under law.