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CAPABLE model
7 Deliverables
Action Steps


CAPABLE model

The Seven Levels of Service Provided By A Capable Planning Team
7 Levels 7 Roles 7 Deliverables
C COUNSELOR Family Wealth Statement
A ANALYST Financial Checkup
and/or
Value Proposition Letter
P PLANNER
Tactical Plan
and/or
Comprehensive Plan
A ADVISOR COORDINATOR
B BINDER / PUBLISHER
L LICENSED IMPLEMENTER Legal Documents
E EVALUATOR/ EDUCATOR Annual Updates

COUNSELOR
Review answers in questionnaires
Participate in family retreat
Develop ranked list of goals
Crystalize goals in a "purpose statement"
Prepare Family Wealth Statement

ANALYST
Analyze asset allocation, estate succession, income tax, retirement, and risk management issues
Illustrate distribution flow chart for current plan
Draft summaries of legal documents
Prepare graphs summarizing benefits to client, heirs, and charity
Develop value proposition letter and/or financial checkup

PLANNER
Choose between tactical and compre-hensive planning
Assemble wealth strategies planning team
Evaluate proprietary strategies and select tools
Recommend retirement planning tactics
Develop business succession plan
Minimize income and transfer taxes
Allocate assets to fund chosen tools and optimize portfolio
Analyze risk management and asset protection
Review insurance needs
Describe solutions with graphs, text, and numbers

ADVISOR COORDINATOR
Meet with CPA to review proposed income statement and balance sheet
Meet with Family Foundation Board to review social capital plans
Meet with Insurance Agent to review underwriting issues
Meet with lawyer to review design and drafting checklist
Meet with Money Manager to review portfolio design
Meet with Spiritual Mentor to review family goals and values

BINDER / PUBLISHER
Assemble estate and asset optimization strategies in a file formatted for printing
Combine wealth design pages in a leather binder with tabs
Prepare wealth design copies for other advisors
Digitize wealth design binder contents in a pdf file, or on a CD with hyperlinks

LICENSED IMPLEMENTER
Assemble the virtual Implementation team
Present final wealth optimization plan to licensed implementers
Coordinate communication among advisors during implementation
Facilitate legal document drafting and execution
Complete underwriting of insurance

EVALUATOR/ EDUCATOR
Track wealth optimization plan on intranet
Monitor goal status, investments, and insurance
Acquire, sell, and/or monetize assets
Develop Family Office Services
Educate regarding responsibility of wealth
Encourage stewardship and charity
Develop, implement, and monitor grant-making policy
Foster Family Involvement; develop youth advisory board

Legacy Resources, LLC is an Illinois Registered Investment Advisor