Proper estate planning is best when done in a group.

Publication: Accounting Today

Publication Date: 24-OCT-05

Bookmark this article Print this article Link to this article Email this article Digg It! Add to del.icio.us RSS

COPYRIGHT 2005 SourceMedia, Inc.

The accountant is one of the catalysts of an estate-planning team - a group that should also include an attorney, a financial planner and a trust officer.

The goal of this dedicated team is to help in the management, conservation and transfer of wealth, while considering the legal and tax ramifications, as well as the personal objectives, of the client.

To better understand your client's estate plan, the most basic question to ask is this: "Do you have a will?"

Certainly, if the answer is no, the first step is to encourage your client to hire...

Read the full article for free courtesy of your local library.