Learn to complete the Revocable Living Trust (The Will is very similar)
Complete the client's information and click Create Account
Continue by answering the following questions:
- Date of birth and gender
- Marital / relationship status
- Children outside this relationship
- Assets over $2 mil not joint owned
- Any other estate plan documents in place
- Do you own real estate
- Approx. value of all assets
Click Get Started under Married (or single) Trust Package
Confirm Client information and Click Next
Add Contact Information and Click Next
Fill out the clients legal residence and Click Next
Indicate the Citizenship of each person and Click Next
Indicate if Sally and Joe have children together and Click Next
If yes, list out the children, whether or not they are deceased, and indicate if they are receiving federal or state aid for a disability, then Click Next
Indicate if either spouse has had a prior marriage. If so, list the name(s) of the prior spouse then Click Next
Add detail about the prior marriage and indicate if they had children, then Click Next
Indicate if either spouse had any children outside their marriage, if so, indicate whether or not they are deceased, and if they are receiving federal or state aid for a disability, then Click Next
Next, you will go through a series of questions around your beneficiaries. The answers to these questions will be used to create documents that accurately reflect your wishes.
Indicate if there are existing Living Trusts, then Click Next
Indicate who you would like to serve as a Successor Trustee, and how you want them to serve, alone or as Co-Trustees, then Click Next
Indicate if there is anyone to be disinherited (previous spouses are automatically disinherited), then Click Next
Indicated who will inherit the personal property, and who the alternate beneficiary is for each, then Click Next
Indicate if there are specific bequests such as jewelry or family heirlooms, then Click Next
Detail the specific bequests, then Click Next
Indicate who will inherit the balance of the joint estate, and who the alternate beneficiaries are, then Click Next
Indicate if either party has separate assets independent of each other, then Click Next
Should something happen to all named beneficiaries, indicate who the ultimate beneficiaries should be and Click Next
Indicate if any beneficiaries owe money, and if so, if the amount should be forgiven or subtracted, then Click Next
Indicate if there should be age-based rules around distributions, this is for beneficiaries and alternate beneficiaries, then Click Next
If using age based distributions, indicate the age and percentage, then Click Next
Indicate if you'd like to hold assets in trust until certain behavioral conditions are met, then Click Next
Indicate where you will sign your documents, then Click Next
Attorney Review - Attorney review required before the trust can be completed. The attorney will communicate with the client and either allow them to continue in the portal, or outline next steps and costs.
From your advisor account, click on the name of your client, then click on the blue Send Account Invitation button. This will send an invitation to the trust owner.
To send an invitation to any of the other parties mentioned in the estate plan (Children, spouses, successor trustees, and beneficiaries), click on the name of your client, then click on the blue Go to Dashboard button. From the client dashboard, click the PEOPLE tab towards the top of the page. From there you can send or resend an email instructing the person on how to log into the estate planning portal.
In the PEOPLE tab, you will see all of the people mentioned in the estate plan (Children, spouses, successor trustees, and beneficiaries). Check the box indicating you want to give access to the Trust Package and/or the Assets Package, then click the Blue Invite button.