Once estate planning documents have been signed and assets have been retitled, clients may feel like they are “finished” with their planning. Typically, they put their documents in a drawer and assume that their executor or trustee will deal with everything post death. Understand the importance of organizing and updating asset and liability information, share ideas for dealing with tricky assets and minimizing the risk of family conflict, and review the importance of documenting certain wishes that may not be expressly written into the will or trust. Learn about effective communication techniques with and among the plan’s key stakeholders.
Credits: 1 General, 0 Diversity/Inclusion PR, 0 MH/SA PR, 0 Other PR
Fredrick B. Weber, Northern Trust, Chicago
Sheri E. Warsh, Levenfeld Pearlstein LLC, Chicago