Next in Line is a weekly newsletter for advisors, brought to you by Herbie, covering the practical yet consequential interaction between estate planning and family dynamics.
Once a month, we sub out family dynamics and sub in our estate planning field report. As we spend more and more time with advisors and their clients, certain patterns of questions emerge. This post highlights what we’ve been hearing.
In last month’s Estate Planning Field Report, I focused on what we have been seeing in the field. I highlighted three things:
Those doing the most estate planning aren’t who you might expect (e.g., single individuals and same-sex couples).
Those who do plan aren’t doing what you might expect (e.g., inconsistent treatment of children).
Everyone thinks they “need” a trust but don’t necessarily understand why.
This time, I want to focus on what we have been hearing. More specifically, what questions are coming up most often from advisors and their clients. Some are more common, some are more unexpected. Here are some highlights.