Written by Allison Voge, JD, LLM

Choosing whether to use one joint trust or separate individual trusts when planning for a married couple requires careful consideration. A joint trust is established by a single trust agreement and is designed to hold nearly all of a married couple’s assets. The trust agreement includes instructions for managing the assets during the married couple’s lifetime, during the incapacity of either or both spouses, and upon each spouse’s death. 

Now that generative AI is capable of instantly creating legal documents, are you wondering whether dedicated estate planning software is still a valuable investment for your practice?

While it can be a powerful tool for streamlining legal research, crafting client communications, or scaling your marketing efforts, generative AI has limitations and liabilities that estate planning drafting software is designed to eliminate. 

Written by Kristina Schneider, MBA, and Yvonne Eckert, JD

 A question we hear all the time is whether to provide clients with drafts of their estate planning documents prior to execution. To help you weigh your options, let’s look at the pros and cons of sending drafts to clients before the signing meeting versus reviewing them with clients during the signing meeting.