Skip navigation

Appreciating Beneficiaries

Trusts are proliferating, but advisors are focusing on protecting wealth, not on the interests of beneficiaries. This increases the likelihood that resentful beneficiaries will cause an enormous increase in trust litigation. But this can be avoided by learning to appreciate the beneficiaries. And by that I mean everything from merely considering the beneficiaries' point of view to actually engaging

Trusts are proliferating, but advisors are focusing on protecting wealth, not on the interests of beneficiaries. This increases the likelihood that resentful beneficiaries will cause an enormous increase in trust litigation. But this can be avoided by learning to appreciate the beneficiaries. And by that I mean everything from merely considering the beneficiaries' point of view to actually engaging them in the planning process.

ARTICLE ACCESS REQUIRED

Please Log in if you are currently a Trust&Estates subscriber, or select DAYPASS for our new 24 hour access (nominal fee required).


If you are interested in unlimited article access for one year, please select Annual Subscription below.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish