Keep Your Estate Plan Up To Date
Legal documents MUST be kept up to date in order for them to function appropriately. Every year, the Federal Government, as well as every state makes changes in tax laws, inheritance laws, laws and regulations concerning our health care, as well as probate laws.
Your family's legal documents must adapt to changes and evolve as your family does in order to offer the protection you intended with your trust when you first prepared it, whether that was a few months or a few years ago. Our Trust Amendment Packages provide an affordable solution for the inevitable changes that happen throughout our lives.
We have three levels to choose from. Our level three unlimited package accounts for the big changes and allows for a complete restatement to be prepared when necessary. Our level one and two packages are better for small adjustments to your estate planning documents.
No matter the package you choose, we will update amendment package clients' Durable and Health Care Power of Attorney documents on an annual basis to ensure your health care and financial documents are always up-to-date.
Please feel free to reach out to us or your financial planner with any other questions you might have regarding these amendment packages. Below are further explanations of each package and what it provides, as well as, a link to a payment choice.
These packages are only available to clients with current trusts that have been drafted by H&H Tax and Business Advisors, if you would like to create a trust with us please contact us.
TRUST AMENDMENT PACKAGES
See below for a comparison and then for more information on each package and links to enroll, just scroll down.
LEVEL 1: Annual Amendment Package Allows For Changes Made ONCE Per Year | LEVEL 2: Semi-Annual Amendment Package Allows For Changes Made TWICE Per Year | LEVEL 3: Unlimited Amendment Package Allows For UNLIMITED Changes Per Year | |
| UPDATED DURABLE POWER OF ATTORNEY |  | | |
| UPDATED HEALTH CARE POWER OF ATTORNEY | | | |
| UPDATED FINAL DISPOSITION | | | |
| SIMPLE TRUST AMENDMENT | | | |
| UPLOAD TO EMONEY VAULT | | | |
| FULL TRUST RESTATEMENT | | ||
| IRA TRUST RESTATEMENT | | ||
| LLC ASSIGNMENT | | ||
| ASSET PROTECTION TRUST AMENDMENT | | ||
| DEED FILINGS** ** Preparation of Deed Only, State Fees Apply | | ||
Learn More About Our Amendment Packages Below
Level One:
Annual Update Package
Our level one package provides for changes to your estate planning documents once per year. This package allows for small changes to your trust (including change of beneficiaries). This package is perfect for those who only anticipate an occasional need to update small parts of their estate plan.
This package does NOT cover a total amendment of your family trust in order to update your trust to accommodate for recent tax law changes. Please do not choose this package if you intend to update your trust to accommodate for the SECURE Act and other future governmental changes of relevant tax and estate laws.
Update your Health Care Power of Attorney, your Durable Power of Attorney, and Advanced Directives once per year. This allows for changes to the individuals you select to make health care, financial, and final decisions for you when you can no longer do so yourself.
Update your pour over will once per year to change the executor of the will or update other information.
Update your Family Trust in the form of a short amendment once per year. This allows you to change items in your trust that no longer suit your needs such as names of beneficiaries, the payout or property that each beneficiary will receive, the addition or modification of incentive clauses for beneficiaries, and who the trustees and trust protectors are. This is typically a short, few page update that is placed in the front of your estate planning documents.
This is NOT a complete rewrite of your family trust and does not modify your documents to account for the SECURE Act or other future changes. Please contact us if you need further guidance as to which package best suits your needs.
Level Two:
Semi-Annual Update Package
Our level two package provides for changes to your estate planning documents twice per year. This package allows for small changes to your trust (including change of beneficiaries). This package is perfect for those who only anticipate an occasional need to update small parts of their estate plan.
This package does NOT cover a total amendment of your family trust in order to update your trust to accommodate for recent tax law changes. Please do not choose this package if you intend to update your trust to accommodate for the SECURE Act and other future governmental changes of relevant tax and estate laws.
Update your Health Care Power of Attorney, your Durable Power of Attorney, and Advanced Directives twice per year. This allows for changes to the individuals you select to make health care, financial, and final decisions for you when you can no longer do so yourself.
Update your pour over will twice per year to change the executor of the will or update other information.
Update your Family Trust in the form of a short amendment twice per year. This allows you to change items in your trust that no longer suit your needs such as names of beneficiaries, the payout or property that each beneficiary will receive, the addition or modification of incentive clauses for beneficiaries, and who the trustees and trust protectors are. This is typically a short few page update that is placed in the front of your estate planning documents.
This is NOT a complete rewrite of your family trust and does not modify your documents to account for the SECURE Act or other future changes. Please contact us if you need further guidance as to which package best suits your needs.
Level Three:
Unlimited Update Package
Our level three package provides for changes to your estate planning documents on an unlimited basis for the year. This packages updates your estate planning documents to provide for new tax law changes, changing trustees, changing beneficiaries, or amending the beneficiary's shares. Most importantly this package allows for a full redraft of a new trust due to the recent SECURE ACT changes.
This package does account for drafting a total restatement of your family trust documents to account for recent tax law changes as well as the SECURE Act and other future governmental changes of relevant tax and estate laws. This package keeps your family estate plan up to date as the world around us changes.
Update your Health Care Power of Attorney, your Durable Power of Attorney, and Advanced Directives on an unlimited basis. This allows for changes to the individuals you select to make health care, financial, and final decisions for you when you can no longer do so yourself.
Update your pour over will on an unlimited basis to change the executor of the will or update other information.
Update your Family Trust in the form of a complete restatement to account for changes in laws or in the form of a simple amendment to account for changes in your estate plan. This allows you to change items in your trust that no longer suit your needs such as names of beneficiaries, the payout or property that each beneficiary will receive, the addition or modification of incentive clauses for beneficiaries, and who the trustees and trust protectors are.
Choose this package for ability to modify and fund your trust throughout the year. Please contact us if you need further guidance as to which package best suits your needs.