An effective, foundational estate plan can provide many benefits to you and your family such as:
- Distributing your assets to your beneficiaries in the exact manner and timing you see fit
- Ensuring your minor children are well cared for if something should happen to you
- Avoiding unnecessary delay and expense in probate
- Minimizing the impact of estate and income taxes
- Promoting certainty and reducing stress among your children and loved ones
- Protecting your assets from unexpected losses due to wasteful spending, divorce, failed marriages, bankruptcy, frivolous lawsuits and predatory creditors
- Limiting the possibility of costly estate litigation
- Giving your loved ones clarity and guidance in the event you are sick or incapacitated
- Giving you the peace of mind from having a holistic estate plan in place to protect you and your loved ones
- Preserving family harmony and avoiding conflict
Everybody wants an estate plan that is simple, effective and affordable. But simply downloading a form and filling in the blanks can be a penny-wise, pound-foolish approach. In order to receive the full benefits of a foundational plan, it is critical to work with a knowledgeable lawyer who is up-to-date on modern estate planning principles and possesses a complete understanding of your and your family's needs.
At Riley Law Firm, LLC, we practice a different kind of estate planning. Developing strong relationships with our clients is at the core of what we do. With a strong foundation of client counseling and education, our Buford, Georgia, law firm represents people from all walks of life, including:
- Parents who want to protect and provide for their children and avoid future conflict.
- Blended families, single parents and recently divorced individuals.
- Small business owners and wealth-building families who want to develop holistic asset protection, business succession and estate planning strategies.
- Financial planners, CPAs and other professionals who want to add value to client relationships and enhance the level of service to their clients.
How Does The Estate Planning Process Work At Riley Law Firm?
Step One: Design
The first step in nearly every estate plan is our free initial planning session. This is not a brief introduction into the estate planning process — rather, it is a highly interactive, informative working meeting of up to two hours where your situation is assessed and planning goals are clarified. In this meeting, which is a value of up to $600, we start by explaining where you are now and discovering your priorities and concerns. Gwinnett County estate planning lawyer Greg Riley will explain your options and answer your questions clearly so you can make informed decisions. Then, if both you and we feel our firm is a good fit, we will then begin creating a plan that reflects your wishes.
At Riley Law Firm, estate plans are offered on a flat-fee basis. At the end of your first meeting with us, you will know exactly how much it will cost to get the estate planning protection you need.
Step Two: Signing
A few weeks after your initial consultation will be the signing meeting. In this meeting, you will have a chance to review, make any corrections and changes, and then sign your estate plan. We will walk you through your final design to make sure we have achieved all your goals and you are comfortable with your planning decisions and the structure and function of your plan. If you have decided on a trust-based estate plan, we will begin to discuss how the funding process works.
Step Three: Funding (Trust Plans Only)
The next and final step, optional for people who have chosen a trust-based plan and have retained us for funding assistance, is the funding meeting. In this meeting, we will work with you to take the steps necessary to fund the trust. For others who have chosen to fund their own trust, this step will also serve as the delivery meeting where the basic funding requirements will be reviewed and the complete trust binder is delivered.
Depending on your needs, another step may be to meet with family members to discuss your (or their) estate plan and various intergenerational scenarios. As part of most estate plans, we offer a financial power of attorney, advance health care directive, HIPPA authorization, and other documents that may be required.
The Three Year Review (Free With Will And Trust Plans)
Once your estate plan has been established, we are available to meet every two or three years to discuss the changes in your life, and to ensure your estate plan is still meeting these needs. With our optional membership programs we can also make unlimited plan changes, attend annual meetings with your advisors, and provide access to our legal staff or a referral should you run into other issues (business matters, real estate transactions, etc.). At Riley Law Firm, we intend to be your estate planning attorneys for life.
Contact Riley Law Firm
Call our firm at 678-926-9284 or email us to schedule your free consultation. In addition to our Buford office, we have satellite locations in Johns Creek and Duluth.