William Lee Sefton, CPAAmerica's Most Outspoken Non-Attorney Living Trust Advocate...
Wills and Trusts

From Honolulu to Orlando, Florida, Bill, with his extensive accounting background, is a proven resource for planning (including catastrophic business planning), administering, and settling Estates and Trusts.

FLAT FEE: To encourage communication and a free-flowing dialogue that is often hampered by heavy hourly rates that discourage communication, Bill charges a flat fee. How much? That depends.

Attorneys make great architects; but, someone has to build, furnish, and help maintain the building. That is where Bill comes in.

Bill is best known for insulating family members, in-laws, and step relationships from each other; helping to keep their passions, emotions, and control issues ‘in-check’ so that the family unit can survive the traumatic loss of the parents, who are often the ‘glue that held the family together.’

Perhaps more important, Bill has proven his ability to stand up and defend your wishes against the most opportunistic of attorneys whose sole purpose in life, after you are gone, is to sow discord amongst family members inflaming the passions, emotions, and control issues that often separate family members, their in-laws, and even step relationships, to bill their hourly rate, sometimes at $500 an hour!

Estate Planning Attorneys Craft and Defend the Legal Documents; Mr. Sefton, as a trained and experienced accountant, helps to put substance to those documents so that they can work in the way that they were designed.

Working in harmony with the Estate Planning Attorney, Bill often does the following:

1. Determine the wants and needs of his client by asking appropriate questions while listening to the client's response.

2. Take inventory of the assets and liabilities.

3. Identify the Designated Authorities and determine if they are up to date.

4. Determine the income tax deferred amounts that expose the estate to death and income taxes; in some as much as 80% or more, leaving the beneficiary with 20 cents on the dollar. (In one case, Bill was able to reduce the tax exposure by $200,000 by simply matching assets with beneficiares.)

5. Determine the Beneficiary Designations and apply those designations to the wealth of the estate to determine if there is an Estate (Death) Tax Exposure.

6. Using the latest income tax returns as a starting point, determine the client's annual and monthly cash flow.

7. Analyze the income tax return to discover any possible safe strategies to reduce the client's income taxes.

8. Make income taxable items, like interest and dividends, pay their fair share of the income tax burden.

9. Confirm beneficiaries are alive and correct. (In one case, Bill found 2 out of the 3 beneficiaries had already died!)

10. Be on the lookout for unfunded assets that are not in the Living Trust.

11. Review the appropriateness and logistical reality for the Designated Authorities named in the Estate Plan.

12. Ofter suggestions for improvement.

13. Writing an Obituary, or planning a Memorial Service, is the most difficult thing anyone can do for a loved one.  Let's get that done today so our loved ones can simply add any updated information when the time presents itself.  Bill often takes the sting out of this important task; and, simply calls it:  Anticipatory Planning and/or Anticipatory Management.

14. And, much, much more...