A Crucial Component to a Successful Estate Plan: The Family Meeting

By WealthCounsel Staff on Jan 3, 2020 10:06:50 AM

Congratulations! You’ve created a comprehensive estate plan for your client. Now that all documents are signed and handed over to the client, does that mark the end of an estate planner’s job? According to the book Estate Planning for the Post-Transition Period, the majority of estate plans that fail do so because of non-legal/non-technical aspects. These errors have nothing to do with your perfectly drafted estate plan. Rather, they are issues related to lack of communication and inaction on the part of your clients’ family. Today, the most common reasons for failure are:

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3 Tips to Streamline Your Drafting Process

By WealthCounsel Staff on Dec 27, 2019 10:00:00 AM

According to the American Bar Association (ABA), drafting is a “mission-critical function” for all law offices. Your legal documents should capture your practice’s intellectual capital and set it apart from other competitors. While drafting methods have remained relatively unchanged for decades, the increasingly hyper-competitive legal market has forced attorneys to seek out and adopt new legal technologies to streamline their drafting processes. 

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What You Should Know About the Setting Every Community Up for Retirement Enhancement (SECURE) Act

By WealthCounsel, LLC on Dec 23, 2019 3:33:20 PM

On December 20, 2019, President Trump signed the Setting Every Community Up for Retirement Enhancement Act (SECURE Act). The SECURE Act, which is effective January 1, 2020, is the most impactful retirement legislation of the past decade.

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