Coordinating the Goals and Needs of Several Family Generations.

Financial planning is the art of identifying a set of financial goals to be achieved during one’s lifetime and creating a series of actions intended to achieve them. Estate planning, on the other hand, is the art of identifying and arranging for a set of goals to be achieved in the disposal of one’s estate. Financial and estate planning are often undertaken together in order to coordinate the goals and needs of several family generations.

Our clients’ financial and/or estate planning needs sometimes require that we merely answer a few questions or solve a few limited problems. Other times, their circumstances require a comprehensive financial and/or estate plan. No matter how simple or how complex a client’s financial and business situations, bk+l will identify and recommend a level of financial and/or estate planning that is customized to our clients’ particular needs.

At Brown, Kaplan + Liss LLP we draw on our relationships with our clients as well as our understanding of their financial and business circumstances to help them define financial and/or estate planning goals and to create plans to achieve them. We work closely with their attorneys, investment advisors and insurance providers in order to use the unique skills that each discipline brings to the planning process. Whether the planning process is initialed by bk+l or by one of a client’s other advisors, each discipline has a role to play.

Once a financial and/or an estate plan has been designed, BK+L helps our clients execute and monitor those plans. As with the planning process itself, the execution is sometimes simple.

For example, a client who establishes a revocable (also known as a “living”) trust often merely needs to change the ownership of her bank and investment accounts from her individual name to the name of the trust.