On January 28 at the 2010 Heckerling Institute on Estate Planning, presenters Glen Yale and Michael Simon led a session on how practitioners should engage in estate planning with dysfunctional families. The presentation began with identifying family dysfunction, with the presenters noting that marital deduction and credit shelter trust planning will vary depending on the types of dysfunction. Next the panel discussed how to plan an estate for blended families, followed by how to deal with favored and disfavored children.
See also the American Bar Association's Heckerling Institute reports.
Posted by Jenny Robertson, Associate Editor, Wealth Strategies Journal.
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