Martin Shenkman explains the vital role financial advisors can play in assisting clients with estate planning without venturing into the unauthorized practice of law. Shenkman will share practical approaches to provide service offerings such as estate planning summaries, client account titling, power of attorney management, and how revocable trusts can be used to minimize the risks of elder abuse. During this webinar, advisors will learn how to:
- Identify post-2024 election estate planning opportunities.
- Describe the impacts of vague or incorrect account titles and tax ID numbers, and how to address them.
- Explain the benefits of having a power of attorney and outline common mistakes.
- Highlight provisions that may make revocable trusts better tools for clients to minimize the risks of elder abuse.