Periodic Table of Estate Planning Elements
Wealth Planning Professionals recently published the Periodic Table of Estate Planning Elements on its website. A brief description of the table is below:
The Periodic Table of Estate Planning Elements™ can be used in a number of different ways. With a prospect or client, we use the periodic table in initial client meetings in order to help clients understand that there are a number of different techniques, tools and strategies that could be used to help them accomplish their goals. This is always somewhat of an education for clients who are only used to being exposed to revocable living trusts and irrevocable life insurance trusts. In many cases clients have told us that they did not realize that there were other opportunities available to them.
Special thanks to Gerry W. Beyer, Governor Preston E. Smith Regents Professor of Law, Texas Tech Univ. School of Law, Wills, Trusts & Estates Prof Blog and Jim Hillhouse (WealthCounsel) for bringing this information to my attention.
For full article see Periodic Table of Estate Planning Elements.