The Annual Reviews are critical meetings. In ensuring the success of your plan there are no more important meetings. These meetings solidify your understanding and management of your plan. These meetings allow you to fine tune documents to take advantage of the latest personal, societal, and legal issues. These meetings catch troublesome errors or mistakes you may make in innocence before it is too late.
The Annual Reviews are offered as a service to you. We are not obligated to offer them and you are not obligated to attend them. There should be no expectation that the meetings will in fact be held. Having said that, we think it is wise on your part to request these meetings.
We charge a minimum fee for annual meetings. Most often the fee is one half of our regular attorney fees. In 2011, one-half of our regular fees is $125 to $150 per hour. Meetings commonly last no more than one to one-and-a-half hours.
1. Our Senior Paralegal (Amy Winkler) calls and asks you a series of important questions about your personal situation, your documents, your assets, your fiduciaries, your beneficiaries, your experiences, and any concerns. A primary purpose of these questions is to confirm you have not undermined your plan in any way and that your plan will still work under the law.
2. We suggest that at least every two years, you secure from us a critical document associated with your powers of attorney and will and trust. We will discuss with you the nature of this critical document. Every one of our clients sees the value of this simple, but essential document. The fee for the document is included in the annual review fee.
3. If you choose to engage in the Annual Review, we will inform you of any changes in the law that may affect you and will suggest ways to become educated about these changes (usually by reference to articles on our site, links to other sites, or blogs we have written). As always, you have the option to decide what to do about the changes in the law, with no pressure from us. Sometimes the changes can be ignored with little risk to you. Other times, you will appreciate the wisdom of doing something to address th changes.
If you are prepared and stay prepared educationally, the Annual Reviews can be brief, efficient, and enjoyable. We have had very gratifying experiences in these Reviews, particularly with clients who become more like our colleagues in their estate planning, rather than our clients–because they are educated about estate planning.
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