Making Transitions Easy
Meet estate planner Jacob Overmen.
Jacob has been an estate planner in the Boston area for over 30 years. During that time, he’s worked with more than 500 estate planning clients. He learned one thing for certain.
There are organized estates and then there are unorganized estates.
As many of his clients transitioned from health to incapacity and from life to death, that difference became magnified. Jacob searched for a system to make the process easier. He often wondered if his firm should help organize client affairs.
Too many times during Jacob’s career, a client suffered incapacity or death and nobody knew what that client owned or how they owned it. Beneficiary designations were also a mystery.
Jacob heard about Inheralink® from a colleague. He wanted to learn more, but was skeptical.
Challenges:
No updated list of assets at incapacity or death makes administration difficult
No time to provide information to agents, successor trustees, and personal representatives
Inheralink® Opportunity:
After an exhaustive analysis of Inheralink®, Jacob decided to integrate the service into his practice with new clients and eventually circling back to existing clients.
The Inheralink® client portal allows agents, successor trustees, and personal representatives (authorized parties) access to:
Estate planning documents
Communication regarding funeral plans
A current list of assets and beneficiary designations
Digital copies of the client’s personal property memorandum
Important documents like birth certificates, marriage certificates, and original car titles
Updates and additions made by the estate planner, authorized parties, or other advisors
A private communication system between the client and professional advisors
Transfers made at the time of death and date of death values (creating a permanent record for tax basis purposes for assets like real estate)
Results:
Jacob now provides estate plans that work. He created raving fans among his clients’ families. Many of them became clients, too.
With Inheralink®, Jacob joined a community of top estate planners who are committed to:
Creating plans that provide confidence
Reducing the anxiety and stress loved ones experience
Fulling the lifetime promise of caring for the client