| Sterck Kulik O'Neill assists clients with estate planning to reduce
estate taxes through the process of a lifetime transfer plan. Experienced
Certified Public Accountants work with clients to take advantage of the
latest tax changes. These professionals build individualized plans using a
customer-tested analytical process. |
| The planning program steps listed show the typical timeline and list
of steps which would be customized to meet individual's needs. |
Typical Estate Planning Procedures and Timeline
|
Day 1: Client
Engaged
Engagement letter mailed to client that
includes:
- Chart of work and proposed schedule. Determine status of
implementation.
- Request for basic planning information, existing documents, copies
of tax returns, listing of assets and liabilities, and list of current
and past professional advisors.
- Request for description of special current concerns, goals, and
planning needs previously identified.
- Description of fees
|
Day 16: Information
Returned
Client signs and mails engagement letter,
requested information to Sterck Kulik O'Neill. |
Day 26: Client
Meeting
Client meets with Sterck Kulik O'Neill
- Mutual review of
information received.
- Prioritize client's goals and planning needs.
- Client receives overview of the general
content of their estate planning project with emphasis on areas of
planning that are unique to their specific
needs.
|
Day 36: Sterck Kulik O'Neill Report and Recommendations
Client receives a written report that:
- Summarizes the current estate plan and the financial and tax results
of its use.
- Recommends specific changes in the Plan.
- Project the tax and financial impact of implementing the
recommendations.
|
Day 46: Client
Meeting
Final client meeting to:
- Discuss implementation of agreed recommended changes.
- List implementation steps and responsible persons.
- List and describe contents of new or revised planning documents.
- Prepare checklist of identified follow-up items not revised or
installed at the current time.
|
Day 91: Follow-Up
Sterck Kulik O'Neill contacts client to:
- Determine status of implementation
- Request copies of all new documents.
- Assist with implementation problems.
|
Plan Maintenance and Support
|
- Mail semi-annual estate planning newsletter and information on
current developments in estate planning and tax law changes.
- Review plan and prepare annual report letter of previously
identified follow-up items.
|
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