Disqualification Questions
At EncorEstate Plans, we recognize that not every estate plan should go through our system. We estimate that approximately 75-80% of estate plans are a great fit. As a result, we encourage you to maintain your local estate planning attorney relationships.
We have several disqualification questions at the beginning of the estate planning process that we have decided to provide here. If you are unsure if a client is disqualified, you can contact EncorEstate Plans to help make that determination. You have heard us say this in the past, but we will say it again here – “When in doubt, refer it out!”
Our software is equipped to handle most of the situations below, but the below estate plans are deemed higher risk for the client, the financial professional, and EncorEstate Plans – therefore, we will not do them.
Here are the situations where you should NOT attempt to put your client through EncorEstate Plans:
The Disqualification Questions Determine:
If your client is worth anywhere near the federal estate tax exemption amount ($13.61M per person in 2024).
If your client is disinheriting a child.
If you, as the advisor, are unsure about a client’s mental capacity.
If you, as the advisor, have any concerns about whether a client is acting on their own free will or is being unduly influenced by someone who may benefit from the estate plan.
If there is a history of family litigation in the trust and estates arena with that client or their family.
If the client intends to give gifts to a non-family member that provides consistent care for that client.