Saturday, June 4, 2011

Flurry of Estate Planning Activity

Seems like everyone has stopped to think about the realities of life (and death) and planning for the expected and unexpected future. I am encouraged that more and more frequently, my friends, relatives and clients are calling me about updating their estate plan or developing one for the very first time.  And calls come in every day about creating or amending a trust.  Not only that, it is that time of year for inquiries about a prenuptial agreement.  Often, the couple has not provided themselves with enough time to prepare, review and sign a prenup at least 7 days before the wedding.  More often than not, they are left with the only option of drafting a community property (post-nuptial) agreement which sometimes they never get around to doing after the wedding. But at least they are learning of the necessity and objective good practice of putting down in writing how they want to handle their financial lives in the present - and in the future.

No comments:

Post a Comment