Drafting and Updating Your Retainer Agreements

The practice of estate planning is evolving at a rapid pace. Practitioners should periodically review estate-planning retainer agreements (engagement letters) to update them to reflect new ethics rules,¹ changing practices, integration of new technology into their practice and other factors. Given the pace of changes impacting the estate-planning arena, an annual, if not more frequent review, may be merited. But, even that alone won’t suffice. Retainer agreements are only one