"Trust and
estate planning can seem overwhelming," said DiMonda.
In theory, a law firm could automate all its
estate planning through a smart system.
Estate protection is the part of
estate planning that is usually included in the comprehensive personal financial plan.
And for your client families where that statement rings true, you have the license to encourage them to move forward with the
estate planning process at an early stage.
If the client is concerned that an heir will argue that a primary beneficiary exerted undue influence during the
estate planning process, one helpful strategy is to keep the involvement of that beneficiary to a minimum while the documents are being prepared.
As useful and necessary as living trusts and advance directives are, how much professional income can this work generate, and how much can it grow, within most
estate planning practices?
Although each of the following three factors might seem obvious, determining their impact on
estate planning requires further assessment:
Zipse, Vice President, Advanced Markets for The Prudential Insurance Company of America s Individual Life Insurance business (Prudential), is one of only seven
estate planning professionals to receive this prestigious award in 2014, which is given annually in recognition of outstanding lifetime achievement and contributions to the practice and profession of
estate planning within the professional disciplines of accounting, insurance and financial planning, legal services, trust services, and academia.
"
Estate planning for what I call a modern family, one that's blended or has unmarried partners, for example, might require you to handle things like the will, powers of attorney and beneficiary designations differently than you otherwise would," says L.
I will guarantee my wealth is passed on to future generations through proper insurance and
estate planning.
While less-than-perfect
estate planning is certainly rampant among all socio-economic classes, an affluent celebrity's failure to create a properly drafted will and an explicitly clear estate plan can result in a legal and emotional uproar after their death.
Speidel attended the 58th Annual
Estate Planning Seminar sponsored by the
Estate Planning Council of Seattle and the Washington State Bar Association in Seattle on Oct.
This volume is for law students and professionals practicing wills, trusts, and
estate planning in the state of Maryland.
While only the wealthiest individuals need to invest in "Cadillac"
estate planning for the purpose of minimizing estate taxes, many others can benefit from
estate planning more on an economy car level.
"I am honored to be presenting on the topic of international
estate planning. It is a confusing and challenging environment for lawyers to navigate their non-citizen clients through the current tax environment," Squillace said.
