Give Your Practice a Gift For The Holidays

By WealthCounsel Staff on Dec 25, 2020 10:00:00 AM

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A membership to WealthCounsel is the best gift you could give to your practice (and yourself!). WealthCounsel has everything you need to build and run a thriving estate planning or business law practice. 

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Do Not Let These Revocable Living Trust Drafting Mistakes Haunt You

By WealthCounsel Staff on Oct 30, 2020 10:00:00 AM

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Halloween is in the air everywhere we look. Even with all the frightening imagery of ghouls, ghosts, and goblins, to estate planning attorneys there are things even more terrifying: legal drafting mistakes! Drafting mistakes can lead to disappointed phone calls from clients, negative online reviews, and worst of all, demand letters from the attorneys of angry children of deceased clients, followed by that dreaded call to your professional liability insurance carrier. This is truly the stuff nightmares are made of.

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Managing Risk in Trust Administration

By WealthCounsel Staff on Aug 21, 2020 10:00:00 AM

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Offering trust administration services can be highly profitable and rewarding for your law practice. Attorneys providing legal services to fiduciaries in postdeath administrations can deliver more holistic “cradle to grave” care for estate planning clients and receive an additional steady source of income. However, this area of law is not without risks—the amount of time, attention to detail, and competence required in guiding fiduciaries through the administration process can leave an attorney vulnerable to malpractice claims and unhappy clients. 

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