Theresa Lorene Mcconville

Theresa Mcconville

It is actualy not unusual for a period of months to elapse, between the initial consultation and the preparation of an Estate Plan. People frequently take home the checklist and I don't hear from them for months, while they put together their list of assets, or make decisions regarding disposition of their estate, or gather the money to pay for the plan. Since the individual writing this review failed to identify themselves, I am unable to respond directly to their criticism. On the issue of the monies in reserve, this is the normal practice in trust administration, to protect the Trustee, so they are not liable for post-distribution tax assessments, or other liabilities, after the monies are distributed to beneficiaries. These monies are never turned over to the Bar Association Indigent Client Fund. The monies are held in trust, and available after the time expires for audit. The interest on those monies is taken by the State Bar, but not the principal. The client is given the option of holding those monies, either in a non-interest bearing account, so no further tax reporting is necessary, or an interest bearing account and they deal with the taxing authority. I hold those monies only at the client's request. On the issue of cost of services, my fees are under the average cost for similar services in my area of practice