NORTHWEST WASHINGTON ESTATE PLANNING COUNCIL

Under the hard glass of the “money magnifier” the unique qualitative issues and challenges of wealth in families come to the forefront. 

This presentation identifies the factors predicting success or failure in the transition of family wealth and highlights some practical tools to help advisors navigate the sometimes rocky landscape:  The significance of money beliefs and associations; fundamentals of trust beneficiary communications, designing family meetings, drafting family mission statements, and other tools for advisors working with financial families.  

Learning Objectives:

• Learning Objective: To help estate planning professionals understand and especially spot situations where their clients could benefit from long-term care Medicaid and/or special needs trust planning.
   

Topics Covered:

• The Landscape
• Fundamentals of Family Dynamics
• Beneficiary Communications
• Family Governance and Tools
• Art and Architecture of the Family Meeting
• The Family Mission
• Resources and Best Practices