Estate planning is sometimes presented as though the process begins with choosing documents.
Do you need a will? A trust? A power of attorney?
Those documents matter. But at Basis Law, the process begins somewhere else:
What are you trying to accomplish?
An estate plan should reflect your family, your assets, the people you trust, the decisions you want made during your lifetime, and what you want to happen after your death. That requires more than selecting documents from a checklist.
Here is what you can expect when creating an estate plan with Basis Law.
Step 1: Start With a Consultation
Every estate-planning engagement begins with a consultation.
The purpose of the consultation is not simply to decide whether you need a will or a trust. It is an opportunity to discuss your circumstances, goals, concerns, and the decisions you are trying to make.
For example:
- Who should receive your property?
- Who would you trust to handle financial matters if you could not?
- Who should make medical decisions for you?
- Are there children or other people you want to protect?
- Are there particular assets that require additional consideration?
- Do you already have estate-planning documents that may need to be updated?
- Are there family circumstances that affect how your plan should be structured?
The consultation also allows us to discuss whether Basis Law is the right fit for your planning needs.
Step 2: Determine What Kind of Plan Makes Sense
Not everyone needs the same estate plan.
Some clients may need only a particular document. Others may benefit from a coordinated estate-planning package.
When a package is appropriate, one of the questions we may consider is whether a will-based or trust-based plan better fits the client’s circumstances and objectives.
That decision should not be made simply because someone has heard that “everyone needs a trust” or because a particular document is popular.
The appropriate structure depends on the person, the property involved, the goals of the plan, and how the different pieces are intended to work together.
During the consultation, we can discuss the available planning options and the type of engagement that may be appropriate.
Step 3: Complete the Estate-Planning Questionnaire
Once you decide to engage Basis Law, the information-gathering process becomes more detailed.
Clients complete an estate-planning questionnaire designed to gather information needed to develop the plan.
The questionnaire may ask about matters such as your family, assets, existing estate-planning documents, intended beneficiaries, and the people you are considering for important roles.
Why gather this information after the consultation?
Because the questionnaire is not intended to replace the conversation.
The initial consultation helps identify your objectives and the general direction of the planning. The questionnaire then allows us to gather the more detailed information needed to move from general goals to an actual plan.
Step 4: Design the Plan Together
After the questionnaire is completed, we meet again.
This is an important part of the process.
By this point, we have more information about your circumstances than we had during the initial consultation. We can review your responses, discuss any questions they raise, and work through the decisions that will shape your documents.
That may include discussing:
- Who should serve in important decision-making roles
- Who should receive particular property
- How property should be distributed
- Whether particular family circumstances require additional planning
- How different documents should work together
- Whether information disclosed through the questionnaire changes the planning approach initially discussed
Estate planning is collaborative. You bring the knowledge of your family, priorities, property, and wishes. Basis Law brings the legal knowledge needed to help translate those decisions into an estate plan.
Sometimes the information gathered during this stage means that the plan initially discussed should be adjusted. That is part of the process.
Step 5: Basis Law Drafts Your Documents
Once the design of the plan is established, Basis Law prepares the first draft of the estate-planning documents included in the engagement.
Depending on the plan, those documents may include a will, trust, power of attorney, advance medical directive, deed, or other documents appropriate for the engagement.
The goal is not simply to produce individual documents.
The documents should work together.
For example, the person authorized to act under a power of attorney may have responsibilities during your lifetime that are different from the person responsible for administering your estate after death. A trust may need to coordinate with the provisions of a will. How property is titled may also affect how the overall plan operates.
That coordination is one reason estate planning should be approached as a plan rather than a collection of forms.
Step 6: Review Your Drafts
You will receive the draft documents for review before execution.
This gives you an opportunity to read what has been prepared and provide feedback directly on the drafts.
You should not feel as though you are expected to understand every provision simply because you have received the documents.
Questions are part of the process.
If something does not reflect your wishes, raises a concern, or simply does not make sense to you, that is something we should address before the documents are signed.
Based on your feedback, appropriate revisions can be made before the documents are finalized.
Step 7: Execute the Estate Plan
Once the documents are final, we move to execution.
Estate-planning documents have legal execution requirements, so signing is more than simply adding a signature to the last page. Basis Law coordinates the execution process to help ensure the documents are executed with the required formalities.
Depending on the documents involved and the client’s circumstances, Basis Law can coordinate in-person or virtual execution.
Before the execution meeting, you will receive instructions explaining what to expect and anything you will need to have available. During the meeting, we will guide you through the signing process so you know what you are signing and how the documents work together.
The goal is to complete the planning process with properly executed documents that reflect the plan we developed together.
Estate Planning Is a Process, Not a Purchase
There is a reason the Basis Law estate-planning process involves more than one conversation.
Your circumstances may look different after we have gathered detailed information than they did during the initial consultation. A decision about one document may affect another. A beneficiary designation, property interest, family circumstance, or choice of decision-maker may raise an issue that deserves additional discussion.
The process gives us room to identify those issues before the documents are signed.
You are not simply purchasing a stack of documents.
You are making decisions about who can act for you, how your property should be handled, who should benefit from what you have built, and how the people you care about should navigate important moments in the future.
Those decisions deserve a thoughtful process.
Ready to Start Your Estate Plan?
Basis Law PLLC assists Virginia individuals and families with estate planning designed around their circumstances, priorities, and goals.
The process begins with a consultation. We will discuss what you are trying to accomplish, identify the planning questions that matter, and consider what type of estate plan may be appropriate for you.
Schedule an estate-planning consultation with Basis Law to begin the conversation.
This article is provided for general informational and educational purposes only and does not constitute legal advice. Estate-planning needs are fact-specific, and the appropriate documents and planning strategies depend on individual circumstances. Reading this article, visiting this website, contacting Basis Law PLLC, or scheduling a consultation does not create an attorney-client relationship. Representation requires a written engagement agreement with Basis Law PLLC.
Informational notice: This resource is provided for general informational purposes only and is not legal or tax advice. Reading this article, contacting Basis Law PLLC, or submitting information does not create an attorney-client relationship. Legal outcomes and procedural options depend on the specific facts and applicable law.