Estate Planning

Estate planning is one of the most important topics and without proper documents in place, state law determines what happens to your assets, your healthcare decisions, your dependents, and even your business interests. We help ensure your estate plan stays aligned with your wishes, your financial plan, and current laws.

Wills, trusts, and other estate documents are not “set it and forget it” items. Over time, the wording can lose its intended meaning due to:

Changes in family structure
New assets or liabilities
Marriage, divorce, or the birth of children
Business growth or ownership changes
Updates to tax laws
Moving to a new state (estate laws differ significantly across state lines)

Even if you already have documents in place, outdated estate plans can create complications, unnecessary taxes, or family disputes exactly what most people are trying to avoid.

 How We Support Your Estate Planning Needs

At McPherson Financial Partners (MFP), we don’t draft legal documents ourselves but we do guide you through the entire planning process with the support of legal professionals. We also have planning software to have your estate documents drafted for you.

 Estate Plan Consulting

We start by helping you:

• Clarify your goals for wealth transfer
• Identify beneficiaries, decision-makers, and guardians
• Review existing documents for gaps or outdated language
• Coordinate your estate plan with your financial and investment plan
   

 Access to Online Attorney Networks

For many clients, a well-structured online attorney platform is efficient and cost-effective.
We connect you with trusted resources that can create:

• Wills
• Living trusts
• Powers of attorney
• Advance medical directives
  

All drafted by licensed attorneys through a streamlined digital process.

 Support for Complex Estate Needs

For clients with more sophisticated needs such as complex trusts, business interests, blended families, or multi-state property ownership, we collaborate with experienced estate planning attorneys to create a more advanced plan.

 Wealth Transfer Strategies We Commonly Support

A comprehensive plan may include:

• Gifting strategies to reduce taxable estates
• Living trusts for privacy and probate avoidance
• Family Limited Partnerships (FLPs) for business or real estate interests
• Irrevocable Trusts for asset protection or tax planning
• Special Needs Trusts for dependent care
• Charitable Trusts for legacy and tax-efficient giving
• Personal Residence Trusts to transfer property strategically
• Advance Medical Directives to guide healthcare decisions
• Durable Powers of Attorney for financial decision-making 

We help you determine the right tools to protect your estate and ensure your wishes are honored.