Estate Planning...What to Expect...Constructing your Estate Plan
We're continuing to look at the process of creating your comprehensive estate plan, using Confluence Law Center's approach as a model, in past articles we reviewed the Complimentary Consultation and the Design phases. Working in partnership with your attorney you now have a solid plan and strategy in place for the execution of your plan; a plan that is unique to you; addresses and satisfies your specific goals and objectives; sets out clearly the steps to take for those who you appoint to administer your estate. Once you have reviewed and confirmed the skeletal rendition of your plan components, the attorney proceeds to construct your plan.
A basic comprehensive plan consists of the main document, your will or your trust, and the related documents. These include among others your Durable Power of Attorney, and your Healthcare Power of Attorney to direct, respectively, the management of your financial and medical affairs as you intend should you experience a time where you are unable to manage your own affairs.
During the construction of your plan, your attorney may have follow-up questions and will reach out to you to gather that information. Following the completion of your comprehensive plan, approximately four weeks following the Design session, you will return for your Signing Ceremony. This is the culmination of all your thought, effort and planning. All takes legal effect upon your signing and notarizing the documents that comprise your plan. In the next article we will look at the Signing Ceremony and beyond.
Your Life. Your Legacy. Your Way. Confluence Law Center, serving Clackamas, Hood River and Multnomah Counties.
Office Locations: Portland, Oregon City, Welches
Confluence Law Center
24461 E. Welches Road, Suite 4
Welches, OR 97067