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Texas Residents Learn Merits of Estate Planning.

The Dallas Morning News (Dallas, TX)

| March 28, 2001 | COPYRIGHT 2001 The Dallas Morning News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Steve Quinn

Mar. 25--Tom Barnhouse, a Richardson attorney who prepares wills, estates and trusts, says he frequently sees clients who are beginning to recognize that financial planning isn't just for the privileged.

"They've gotten by without professional help, and sometimes they don't realize they need help," he says. "In some cases, they don't realize how wealthy they've become; they started out making a modest income and now they've accumulated wealth."

Once a component of estate law and financial planning, estate planning is slowly becoming its own specialty as personal wealth -- particularly among baby boomers -- increases.

According to the National Association of Estate Planners and Councils Web site, there are 52 accredited estate planners in the Dallas area and 83 in Texas.

Estate planners come from the ranks of attorneys, financial planners, insurance agents and bank trust officers who also prepare estates for their clients.

Many planners have been strengthening their background in estate preparation, according to Glenn Henderson, a Dallas certified public accountant who is also an accredited estate planner.

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