Estate planning, financial planning and tax planning work best when they work together. A trust drafted without reference to how the accounts are invested, or a beneficiary designation set without reference to the tax consequences, is how plans quietly fail.
Remy Law works alongside two firms in particular.
Two Bird Wealth Strategies
Financial planning partner, Ann Arbor, Michigan. Retirement and investment planning, and the coordination between a financial plan and the estate plan that carries it out.
Visit Two Bird Wealth Strategies →Angie Finch, CPA
Tax and accounting partner, Dexter, Michigan. Tax planning for families and small business owners, and the accounting side of business succession work.
Why it matters
The clearest example is a retirement account. Whether to name a trust as beneficiary of a 401(k) or an IRA is a genuine question rather than a default, and the answer depends on your tax position as much as on the terms of the trust. Get it wrong and you can accelerate income tax for the people you were trying to protect.
That is not a question an estate planning attorney should answer alone, and it is not one a financial advisor should answer alone either.
For advisors
If you are a financial advisor, CPA or insurance professional with a client who needs estate planning work, we are glad to be introduced. Clients stay yours. We handle the legal drafting and coordinate with you rather than around you.
The most useful thing you can send us is a client who has a trust that was never funded, because that is the problem we see most and the one your client does not know they have.