Individuals and families often have very clear and specific intentions about how their wealth should be administered or distributed. Unfortunately, whether the intended benefit is for family, charity or someone else, best-laid plans might not reflect the most recent changes in family circumstances and/or the tax and other law changes. Because we are so familiar with our clients’ financial situation and estate objectives, we can help ensure the appropriate distribution of our clients’ wealth. We work with our clients’ existing estate attorneys and help oversee the administration and distribution of their estates both during life and after death. Our goal is to help maximize the transfer of wealth to whomever our clients intend, in the way in which they intend.
Wellspring also coordinates estate and wealth transfer plans across multiple generations. We stress the importance of family communication as a key ingredient to any successful plan. Our involvement with the family can foster stronger and more productive communications among the generations, as well as with the family’s trustees.