Location, Location, Location—and a Little T&E Navigation

Trends in real estate—inventory, housing starts, financing and market dynamics—affect the estate-planning practitioner in a number of ways: (1) net worth changes as a result of overall appreciation and depreciation in valuations; (2) housing starts can impact constructions costs, supply and demand and client mobility; (3) liability arising out of defect litigation can impact asset protection strategies; (4) the availability of conventional or “hard money” financing can