The Planning Process
Peace of Mind is Here in West Palm Beach, Florida
We know that beginning your estate plan is a big step. Our process is designed to ensure your confidence in the planning process each step of the way, and our planning process is the perfect combination of efficiency and warmth.
Every decision is carefully reviewed with you and yet the entire process stretches out only eight weeks. You can feel confident knowing that within two months of meeting with us, your family could be totally planned for, protected and not at risk of being stuck in court or conflict if something happens to you.
Your Initial Meeting: The Family Wealth Planning Session
Our planning process begins with your Family Wealth Planning Session. This is your opportunity to get educated, informed, and fully empowered to make the right decisions for the people you love. And together we have the opportunity to meet each other and ensure that working together is a good fit. During your Family Wealth Planning Session, we will walk you through exactly what your loved ones would have to do and where your assets would go if something happened to you today. You will then be able to determine if there was anything about what would happen today that you would not like and you will get clear on what you would want to happen instead.
If We Are A Good Fit…
Assuming there is a good fit between you and us, we will help you to choose the planning level and fee that is right for your family. We have three different planning levels to accommodate your needs and YOU get to decide which planning level best protects you and your family.
Once you choose your planning level, we will then help you design a plan that will give you the peace of mind of knowing your family will be taken care of in the event the unthinkable happens. After designing your plan to your satisfaction, you will return to our office about a month later to sign your newly prepared estate plan. At this point, your family and your assets will be totally protected in the case of your death or incapacity.
In Most Florida Law Firms, The Relationship Ends There
We see the signing of your estate plan as the beginning of our relationship with your family. This is where our West Palm Beach law firm is very different. After you sign your estate plan, we don’t simply send you on your way and wish you luck for the future. Instead, we create an electronic record of all of your legal documents so you can easily access them anytime you need to in the future and then schedule our next meeting with you.
At this final meeting, one of the most important meetings of our process, we help you:
- Ensure your assets are owned in the right way(you can have the best set of legal documents, but if your assets are not owned in the right way, it has all been a waste).
- Make sure everyone you have named to take care of you, your children, and the money you are leaving behind knows just what to do if and when something happens.
- Capture and plan for your intangible and most valuable assets:your values, insights, stories, and experiences that neither you nor your loved ones would ever want to be lost.
Then, We Still Aren’t Done!
We meet with you at least every three years to review your plan and make sure it stays up to date. We do this because we know, and we have seen it many times in our industry, that if regular reviews of your estate plan are not happening, then your set of documents is very unlikely to work when your family needs them. If you choose to join our Family Wealth VIP Client Membership Program, we will meet together annually for a comprehensive plan review and update.
3 Levels of Planning at our Florida Law Firm
Estate planning at The Law Office of Juan A. Pyfrom is not “one size fits all” or “cookie cutter.”
We offer three levels of planning to suit your varying needs, and you get to choose the level of planning that best fits your family. From starter plans designed primarily for families with young children and not yet much in the way of financial wealth, to more robust plans for well-established families concerned with matters of asset protection, preservation, and increased growth, we have you covered.
Personalized Service and Fees
We have priced our planning for you at the intersection of affordability and effectiveness.
Depending on what you need, our fees range from around $2,000 for those not worried about keeping family out of court, up to $8,000 for an extensive plan that provides significant asset protection after death and maximum protection for your assets from inadvertent loss to the state department of unclaimed property or the court process.
If you are looking for the cheapest planning you can find, you may as well read up and do it yourself because you will get the same quality of planning online as you will with any lawyer who is charging fees less than what we offer here.
When we meet for your Family Wealth Planning Session, we will review our three planning levels with you, and you will choose your own fee based on your budget and the planning options that are most important to you and your family.
Helping You Throughout All Stages in Life in West Palm Beach
- We represent families throughout varying stages of life:
- Traditional two-parent families or single parents wishing to provide for and protect their children and themselves;
- Unmarried couples who are either solidifying their relationship through proper planning or dissolving their relationship with the assistance of caring counsel;
- Blended families negotiating the challenges of creating new relationships with varying expectations;
- Families with special needs looking to ensure that their children with special needs will be taken care of and able to continue to receive government assistance;
- High net worth families seeking strategies for minimizing estate and income taxes;
- Estate executors and beneficiaries navigating the court process of probate administration; and
- Family members or trustees carrying out the legacy left behind through a trust administration.
We Help You Ensure Your Plan is Current
Your plan needs to evolve with you as your life changes and as the law changes.
We have designed unique annual membership programs to ensure your plan continues to work throughout your lifetime, that your assets are always owned in the right way and that you are able to feel confident calling us with any legal issue without ever worrying about receiving a bill in the mail for hourly fees.
Whether you participate in one of our membership programs or not, we keep all of our clients updated about changes in the law and issues that might affect your life. We often serve the whole family and multiple generations of the same family. From free estate checkups for elderly parents to basic planning documents for young adult children, become part of our client family, and feel how much we care.
How Much is Estate Planning?
Why Cost Matters
This is a good question that I want to answer for you as clearly as I can, given that there is not a “one-size-fits-all solution” for every family. If a lawyer can tell you exactly what your plan would cost via email or over the phone without a comprehensive discovery process, I would run quickly away from that lawyer.
Families shop around based on price (because they don’t know any other way to shop for an estate plan) and they end up with a traditional plan, which is a set of documents that do not actually work when the family needs them.
If you would like to read more about this, please read my article here on “how shopping around for an estate plan could leave your family with an unexpected, expensive, unintended mess.”
Here Is What Our Florida Law Firm Can Assure You
Our team of attorneys has designed and priced our estate planning options for you and your family at the intersection of affordability and effectiveness. We start the planning process with your personal Family Wealth Planning Session, which is designed to get you more financially organized than you have ever been before.
Even if you never do any planning with us, the preparation for your Family Wealth Planning Session alone is a hugely valuable process for you and your family because you will create a full inventory of your assets and ensure your family knows exactly what you have and where it is located.
Then when we meet in person, we will review everything you own and discuss everyone you love, and you will understand exactly what would happen to everything you own and everyone you love in the event of your death or incapacity.
If you do not have a plan, we will cover the plan the state has for you. If you do have an existing plan, we will review your current plan with you. (We call this an Estate Plan Checkup and Review). If you are not happy with the plan the state has for you, or your existing plan, you will tell us what you would want to change and we will look at the most effective, efficient, and affordable way to achieve your goals. Plus, we will help ensure that no matter what happens, none of your hard-earned assets will be lost to the state department of the unclaimed property when something happens to you.
Here is the most important part for you to know about this: you will be making informed, educated, empowered decisions for the people you love, not just shopping around based on price.
You Choose Your Planning Level
With all of that background in mind: Your Family Wealth Planning Session is a value of $750, or if you have an existing estate plan that you want your attorney to review as part of this process, then your Estate Plan Checkup and Review is a value of $950.
The great part is if you would like to do preparation ahead of time to make your appointment as valuable a use of your time as possible, then you can schedule online below, follow the instructions as to how to prepare for your appointment, secure your appointment time with a credit card (nothing is charged on your card so long as you keep your appointment and complete the preparation in advance), and then your appointment fee is waived.
The awesome thing about the preparation is that you will be more organized than you have ever been before because you will create a full inventory of your assets and ensure your family knows exactly what you have and where it is located.
We offer a complete zeroing out of the planning session fee in that case because of your commitment to the preparation before the meeting saves me time, which saves you money.
If after reading this you are ready to make informed, empowered, educated decisions for the people you love (instead of just shopping around for the cheapest plan, which is unlikely to work when your family needs it), schedule your Family Wealth Planning Session today.
More Than Just Your Money
How We Guide You to Leave a Legacy That’s About Much More Than Just Your Money.
After you are gone, your loved ones will miss you deeply. They will long for your words of counsel and concern. Hearing your voice again would be a tremendous gift. Through our unique legacy process, you can give your loved ones the most precious gift – a lasting expression of your love.
What could be more valuable?
We believe estate planning is not just about transferring your financial assets and personal belongings. It’s equally about capturing and transferring your valuable intangible gifts: who you are and what’s important to you – your values, insights, stories, and experiences.
Our Florida Law Firm Can Help You Capture These Precious Moments
We realized we would have to build this into our planning process and not make it just another thing you’ll get done someday. That’s why at The Law Office of Juan A. Pyfrom we make it part of our planning for every client to help you capture and pass on more than just your money: your intellectual, spiritual, and human assets. We help you capture who you are and what’s important to you.
What Would it be Worth?
Can you picture someone who has passed away, someone you love and miss deeply? Can you recall a conversation you had with them? Can you remember the sound of their voice and what they told you? What if you could hear their voice again? What if they could speak to you – heart to heart – and share their wisdom and advice?
What would it be worth to you to hear their words one more time?
What is it worth to you to know that they’ll always know exactly how much you love them? It’s worth a lot to us and we are honored to be able to provide you and your family with this gift.
For more information about how we help you pass on your most valuable assets – your values, insights, stories, and experiences – to your loved ones, or about our resources for leaving your family with a true legacy, please contact us.
Schedule your Family Wealth Planning Session online and we’ll discuss together exactly how we build this into our planning process designed exactly for people like you who want to leave a real legacy.