Preparing Clients for a Quick Estate Planning Pivot
High-net-worth clients recognize that they need to be prepared for sudden changes in tax laws and market valuations. But in the face of political uncertainty and market volatility, it may be difficult to choose which assets to transfer into trust, or determine fair market value. Attorneys and appraisers may be backlogged with similarly situated clients. Here are some tips for setting up trusts for estate planning with flexibility to pivot quickly as possibilities turn to actualities. 1. Use “intentionally defective” … Continued