Yesterday on our radio show, “Estate Planning with the Dana Law Firm,” Matt Dana made a comment about the pink tie that Rilus Dana was wearing, and compared the fashion styles of father and son. The “old-school” Matt was dressed in cowboy boots and Wranglers as he was heading to do a seminar later that day in Safford, Arizona, whereas the younger Rilus was sporting a pink tie and colorful socks (a trademark of his). Both father and son have their own style, yet they are both great estate planning attorneys.
This made me think about differences in estate plans. Everyone’s situation is unique, requiring different estate plans. While one person’s situation might require only a simple Will and Powers of Attorney, another’s might need a Family Limited Partnership, multiple irrevocable trusts, and other advanced strategies. The two estate plans, while very different, might be exactly what each of the clients need. When drafting an estate plan, it is important to make sure that the plan fits the client’s situation and is customized to accomplish its intended goals.
At the Dana Law Firm, we customize estate plans to fit all client situations. Whether a client has a modest estate or is worth millions of dollars, we can tailor a plan that will be beneficial for the client at a reasonable cost. Has your estate plan been custom-fitted to your situation? If not, or if you don’t know and want to check to see if it does, give our office a call and schedule an appointment with one of our attorneys for a free review of your existing plan. If you don’t currently have an estate plan, call us at 480-515-3716 to schedule a free consultation.
Trevor S. Whiting, JD, LLM, MBA
Dana Law Firm, P.A.