As a family law attorney, you guide clients through one of life’s most challenging transitions: divorce. The finalization of a divorce decree often brings clients a sense of closure while marking the beginning of a new chapter—one that has a profound impact on their financial future, family, and legacy. This is where estate planning becomes not just beneficial but essential and a natural extension of your services.

As we prepare to welcome the new year, it is an ideal opportunity to reflect on your estate planning practice. Take a moment to evaluate the successes and challenges of the past year and identify any goals you did not meet. Now is the time to set new goals for your practice and yourself.

Written by Sarah Barton, JD

A fiduciary duty is defined as “a duty to act with the highest degree of honesty and loyalty toward another person and in the best interests of the other person (such as the duty that one partner owes to another).”The law governing a limited liability company (LLC) is similar to that governing a corporation or partnership—the LLC’s older siblings in the family of business entities—in imposing fiduciary duties; however, for LLCs, fiduciary duties may be modified by contract to the extent permitted under state law.