Tips on Building Your Estate Planning Practice

By WealthCounsel Staff on Aug 17, 2018 6:00:00 AM


Running your own legal practice can be daunting for any attorney, but it can be especially difficult for new and transitioning estate planners. This may be due, in part, to the knowledge gap between what attorneys learn in law school and what they need to know in order to run a law practice. To fill these gaps, it’s important to educate oneself on what the current best practices are (so they can be implemented), as well as what the common pitfalls are (so they can be avoided). Here are some basic tips for fresh-faced law graduates or transitioning attorneys looking to build their own estate planning practice.

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Wealth Docx® New Enhancements to Include Incentive Trust Provisions for Revocable Living Trusts

By WealthCounsel Staff on Jun 29, 2018 6:00:00 AM

When it comes to transferring wealth to younger generations, not all beneficiaries are responsible enough or prepared to handle a large inheritance. This is where incentive trust provisions come in. They can be used to discourage bad behavior and motivate beneficiaries to make responsible life choices, so that they are ultimately better prepared to handle their inheritance.

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Charitable Giving – Shifting Focus From Estate Tax to Income Tax Planning

By WealthCounsel Staff on Apr 20, 2018 9:13:08 AM

Good news for the world of philanthropy: charitable giving is not dead. With the recent changes to the tax code, it’s an appropriate time for estate planning professionals to revisit charitable giving with a view toward identifying these new opportunities and assessing how a charitable giving plan works within the broader estate planning strategy. 

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