Family Wealth Protection Plan, FWPP™
Our goal is to provide a road map through the complicated and confusing world of “Estate Planning” in order to reduce, and in some cases eliminate, people’s anxiety and fear about their future.
Our second objective is to familiarize you with our ‘Family Wealth Protection Process” by imparting a good understanding of the process which will provide a level of comfort and security that will in turn motivate you to be proactive versus reactive in your planning and act in your own best interest by seeking our assistance as truly collaborative estate, tax, and legal professionals.
Peace of mind–not just a piece of paper.
Dealing with family issues and communication and protecting family wealth and legacy has always been a challenge. One need only look in the Old Testament to see that it has been part of the human condition for a long time; early biblical writings describe the challenges of families, responsibilities, and wealth transfer. So, why is it so hard? Maybe it’s just because there hasn’t been practical guidance available (since the Bible) until Jamie Moore wrote the book “Family Wealth Protection” which provides down-to-earth practical guidance and a user friendly approach to family wealth protection planning.
Our Recommended Resources on Estate Planning
Watch our Webinar on Estate Planning
Four Questions We Frequently Hear
How can we avoid probate?
The only way to completely avoid the probate court is to use a “trust based” Empowered Estate Plan. Most people, if they have a plan at all, use a “will” based plan which is simply a compass pointing to the Court House.
Is there a way to eliminate or prevent any family hassles and messes?
The best way to avoid any future hassles or messes is creating a concise, articulate list of goals which usually requires a lot probing on our part. Most often the answer to these questions are also tangled in an individual’s perception of how things currently are.
How can I control things when I'm alive and well and also my loved ones if I become disabled?
Most people are shocked to learn that if they were to become mentally or physically incompetent; i.e. “disabled”, that the Probate Court will more than likely be involved due to the requirement of having to petition the Court for a guardianship or conservatorship hearing even between spouses or domestic partners. Only a well designed Empowered Estate Plan can avoid this.
How can I give what I have, to whom I want, when I want, and in the way I want?
This is our favorite question. The bottom line is that it’s not about the documents it’s all about the results. To accomplish this we follow Three Step Strategy.
Answers to the Questions You Don’t Know to Ask
What happens if I don't have a plan at all?
Don’t worry, the State of Michigan has one for you. As Rudy Giulilani, Mayor of New York said; “Hope is not a strategy”. Many people simply do not invest the time, energy, and money to create any kind of plan at all. They die without leaving even a simple will always saying; ”I’ll get around to it sometime”. We aren’t exactly sure what a “Round TUIT” is but it can’t be good nor will the “no plan plan” accomplish what you want.
Is there really a way to protect my wealth from both creditors and predators?
The purpose of an Empowered Estate Plan for wealth or asset protection is to title or structure your assets and wealth in such a manner so as to discourage lawsuits that are unreasonable in their scope, as well as avoid the horrendous monetary demands of disgruntled plaintiffs.
Is there a process or strategy I can follow to ensure that I will actually have a plan that works when I need it most?
Absolutely!!! In our experience, most, if not all, people have individualized lives, facts, circumstances, estates, and families which of course then require individual counseling, design, and planning techniques. Our Three-Step Strategy is designed to do exactly that in order to deal with life as it actually occurs and not as we ‘hope” it will occur. You need a strategy to deal with life as it actually occurs.