TITLE

ARE YOU AND YOUR CLIENTS ON THE SAME ESTATE PLANNING PATH?

AUTHOR(S)
Kirch, David W.
PUB. DATE
April 1994
SOURCE
Journal of Financial Planning;Apr94, Vol. 7 Issue 2, p62
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Estate planners routinely use certain planning documents and techniques for their clients, in part because of cost, but also in part because the choices reflect the planner's philosophy, not the client's needs. Too often these routine documents and techniques are unnecessarily complex and restrictive for the client. This article reviews some of the more commonly chosen documents and techniques in estate planning, and suggests alternatives that may be more suitable in light of the client's wishes and needs. Topics of discussion include irrevocable life insurance trusts, lifetime gifting, Medicaid planning, disclaimers, living trusts, qualified terminable interest property trusts, and gradual distribution provisions.
ACCESSION #
5558071

 

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