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END OF YEAR ESTATE PLANNING THOUGHT

Posted by Benjamin P. Shenkman, Esq. | Dec 21, 2016 | 0 Comments

The end of the year is an appropriate time to review your current estate plan.  In fact, when celebrating the holidays with your family, you might ask your parents (or children) about their current planning. This discussion often leads to a reconsideration of one's current needs. For instance, when mom and dad created their trusts 15 years ago, their primary concern may have been estate tax avoidance or appointing guardians for their then minor children. Planning might now involve protecting assets for long term health care costs or planning for incapacity. That change in outlook may necessitate a professional review and consultation with a Florida estate planning attorney.  We generally recommend an estate planning review every 5 years or more frequently if there is a major life event, such as a birth, death, divorce, or financial change. Feel free to contact our office to schedule a New Year estate planning review.

Happy Holidays!

About the Author

Benjamin P. Shenkman, Esq.

Benjamin P. Shenkman has practiced law in Palm Beach County for over 20 years, with a focus on estate planning and administration, and asset protection planning.

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