Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Monday, October 24, 2016

Article on Incorporating Collaboration in Estate-Planning Practices

CollaborationTodd Fithian, Albert E. Gibbons, & David W. Holaday recently published an Article entitled, High Performance Teaming and Professional Collaboration, Trusts & Estates (May 2016). Provided below is a summary of the Article:

The National Association of Estate Planners & Councils (NAEPC), formed in 1962, functions with the abiding conviction that: (1) the team approach to estate planning is essential to the creation of an estate plan, to which every consumer is entitled; and (2) this team approach is what best serves the client. 

The most essential, defining characteristic of a high performance, multi-disciplinary team is an explicit collaborative process—one that’s articulated to the wealth-holder(s) and to each and every advisor on the team. Over the past several decades, the estate-planning world has become increasingly complex and interdependent. To navigate through this world, it helps if practitioners incorporate collaboration more deliberately into their estate-planning practices. 

 

 

https://lawprofessors.typepad.com/trusts_estates_prof/2016/10/article-on-incorporating-collaboration-in-estate-planning-practices.html

Articles, Estate Planning - Generally | Permalink

Comments

Post a comment