Article on Overlooked Reasons for Estate Planning

Janice A. Forgays recently published an Article entitled, Overlooked or Underappreciated Reasons for Estate Planning: Ask the Right Questions, and Listen Carefully to the Answers, Tr. & Est. 80 (Feb. 2017). Provided below is an abstract of the Article:

Common reasons given for estate planning include: to avoid probate; to address taxes; to provide for spouse and family; and to preserve family businesses. Let’s explore important additional reasons, ordinarily left unaddressed, why estate planning is so important. These subjects often serve as substantial planning motivations for our clients, but aren’t found on client planning questionnaires and are frequently absent from the planning discussions and documents.