Estate Planning for Young Clients
Some clients are fortunate to come to substantial wealth earlier in time than is the typical experience. The challenges of planning for them are different than planning for older clients. Younger clients have a longer life expectancy, likely have very young children, and possibly more uncertainty about their wealth. This implicates a series of issues for the estate and trust planner. This program will provide you a framework and practical guide for planning for younger clients, including the integration of health care and educational trusts for young children and the integration of custodial documents, trust investments decisions for longer life expectancies, and other issues.
- How planning for younger clients differs from typical older clients
- Trust planning for health care and education of younger children
- Integration of custodial and other issues
- Investment decisions in planning for a longer life expectancy
Daniel L. Daniels is a principal in the Stamford office of Wiggin and Dana, LLP, where his practice focuses on representing business owners, corporate executives and other wealthy individuals and their families. A Fellow of the American College of Trust and Estate Counsel, he is listed in The Best Lawyers in America, and has been named by Worth magazine as one of the Top 100 Lawyers in the United States representing affluent individuals. With David T. Leibell, Mr. Daniels co-authors a monthly column in Trusts and Estates magazine. He has written numerous other articles on estate and tax planning and lectures on estate and tax planning topics throughout the United States. He received his A.B., summa cum laude, from Dartmouth College and received his J.D., with honors, from Harvard Law School.
David T. Leibell is a partner in the Stamford, Connecticut office of Wiggin and Dana, LLP, practicing in the Trust and Estates Department. He previously worked in the financial services industry, specializing in the financial aspects of estate planning. Mr. Leibell is a frequent lecturer before fiduciary audiences throughout the United States, and has authored many articles on charitable, estate and tax planning. With Daniel Daniels, he is co-author of a monthly column in Trusts & Estates magazine. He also authors a column for Registered Representative Magazine. Mr. Leibell has been listed in The Best Lawyers in America. Mr. Leibell received his B.A. from Trinity College and his J.D. from Fordham Law School.
