Estate Planning Emerging from Its 'Dark Cave'

Feigenbaum, Alan
June 2002
Journal of Financial Planning;Jun2002, Vol. 15 Issue 6, p46
Academic Journal
The article focuses on the approach of financial planners to estate planning in the U.S. Many veteran planners no longer tread warily around the mention of death, but instead engage actively in wide-ranging give-and-take on divorce, intergenerational relationships and other once-taboo intimate family issues surrounding estate planning. In addition, planners have seen the unprecedented giving, spawned by the 1990s boom, consolidate into a recession-induced period of taking back some generosity to charities and family, further fueled by the higher exempted amounts in the new estate-tax structure. Finally, in the aftermath of September 11, planners are seeing many more clients give estate planning a higher priority and take less time authorizing its implementation. These changes suggest that giving your clients full service requires taking a closer look at how these estate planning trends reflect new client needs and expanded expectations. This article summarizes the conclusions and experiences offered by several financial planners regarding five aspects of estate planning, namely, clients' motivations to seek estate planning and the financial concerns they express, client estate problems, communication between planners and clients, specific estate planning vehicles included in estate plans and the role of consulting experts.


Related Articles

  • O'Neill, Greenspan Still Upbeat. Heller, Michele // American Banker;9/21/2001, Vol. 166 Issue 182, p1 

    No abstract available.

  • Holding Back. Delgado, Steve // Inside Tucson Business;12/16/2002, Vol. 12 Issue 28, p1 

    Reports on the economic recession in the U.S. Postponement of investment decisions; Reduction of budgets; Result of the September 11 terrorist attacks.

  • Marketing companies hope next year will be better. Chuvala, Bob // Fairfield County Business Journal;12/10/2001, Vol. 40 Issue 50, p14 

    Focuses on the impact of the September 11 terrorist attacks on marketing firms in Connecticut. Effect of recession on the firms; Tendency of companies to pull back their marketing efforts during an economic downturn; Reduction in the spending levels of clients.

  • Tool time. Bailey, Laura // Crain's Detroit Business;2/4/2002, Vol. 18 Issue 5, p3 

    Focuses on the economy of the home improvement industry in the U.S. Effects of the recession to the industry; Increase on the sale records of the industry; Impact of the September 11, 2001 terrorist attack to the industry.

  • Auld Lang Syne. Stokes, Kim // Wireless Design & Development;Dec2001, Vol. 9 Issue 12, p4 

    Focuses on the impact of economic recession on the wireless industry in the United States. Emergence of various technologies; Effect of the September 11 terrorist attacks on the industry; Increase amount of layoffs.

  • HOPES FOR RECOVERY FADE AS TALKS SWITCHES FROM DOWNTURN TO RECESSION. Clark, Philip B. // B to B;10/1/2001, Vol. 86 Issue 18, p1 

    Reports an economic recession after the September 11, 2001 terrorist attacks of the United States. Pessimism of the business-to-business executives on the recovery of the market; Cost reduction measures of industries; Efforts of Government for economic recovery.

  • On a knife edge. Kern, David // Accountancy;Jan2002, Vol. 129 Issue 1301, p81 

    Comments on the increase of risk of a global recession after the September 11 terrorist attacks in the United States. Expansionary measures of the economy; Percentage of increase in the economy of Euroland; Decrease in the gross domestic product in most of the countries.

  • TOP 10 GLOBAL AD MARKETS. Kim, Hank // Ad Age Global;Apr2002, Vol. 2 Issue 8, p18 

    Reports that despite a double whammy of recession and the September 11, 2001 terrorist attacks, the contracted U.S. advertising market maintained its dominance over Japan and Germany. Top women's magazine in Great Britain in 2002; Top six advertising market; Decline in the total U.S. spending...

  • Gauging the National Mood As New Realities Sink In. Dolliver, Mark // Adweek Eastern Edition;10/1/2001, Vol. 42 Issue 40, p28 

    Focuses on the issues related to the impact of September 11, 2001 terrorists attack in the U.S. Existence of fear among individuals; Occurrence of recession; Importance of men.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics