Overview of Will Preparation
Learn about the different will preparation request types and how they help clients plan for the orderly distribution of their assets.
What Is Will Preparation?
Will preparation requests allow you to initiate the process of creating or updating a client’s estate planning documents. These requests ensure that client intentions are clearly documented, legally valid, and aligned with their financial and personal goals. Whether for an individual or a family, proper will preparation supports estate clarity, reduces the risk of disputes, and simplifies administration for loved ones.
To access and track will preparation requests, navigate to the ticket index page in the CRM by selecting CRM > Tickets, then click the pipeline dropdown menu and select Will Preparation.
Types of Will Preparation Requests
- Individual Plan: Used to prepare a will and estate plan for a single individual. This request focuses on organizing the client’s personal wishes regarding the distribution of assets, appointment of executors, and guardianship decisions. It is suitable for clients who are not jointly planning with a spouse or partner.
- Family Plan: This request is used when preparing wills and estate plans for multiple individuals, such as a couple or family unit. It ensures consistency across documents, aligns shared goals, and often streamlines planning for jointly held assets and beneficiaries.
Why Is Will Preparation Important?
Will preparation gives clients peace of mind by documenting how they want their estate managed after death. It supports financial planning, protects beneficiaries, and reduces the administrative burden for family members. Having an updated will in place is a key part of a complete wealth management strategy.
Key Benefits of Managing Will Preparation Requests:
Client Peace of Mind: Ensures client wishes are documented and legally enforceable.
Family Clarity: Reduces confusion or conflict among heirs by clearly outlining instructions.
Integrated Planning: Aligns estate plans with overall financial and legacy goals.
Efficient Administration: Simplifies estate settlement by having legally prepared documentation in place.