This week in our Family Legacy Planning Series, I want to discuss my journey into the “soft” side of estate planning. Like most estate planning advisors, I began my career focusing on the technical and tax aspects of estate planning, what I often refer to as the “head” side of estate planning. After several decades of witnessing challenging family dynamics, often fueled by inheritances passing into unprepared hands, I began to ask what could we, as planners, do to help our client families avoid these pitfalls? My focus then shifted from all “head” estate planning to “head and heart” estate planning.
Many of our clients are hurting, and almost all worry about what impact an inheritance will have on their heirs. Estate planning advisors have skills to help, more than we realize. We also have a special seat at the table. If we don’t bring up these issues, who will?
I discussed tapping into those skills earlier this month with John A. Warnick as part of the Purposeful Planning Institute’s “Thought Leader & Industry Innovator Series.” Click on the link below to hear my guidance on how to help our client families achieve multi-generational success and pass down a meaningful legacy.
Topical outline available here.
Replay: Marvin Blum’s Journey into the “Soft” Side of Estate Planning
Marvin E. Blum
Marvin Blum joined John A. Warnick on July 6, 2021 to discuss his journey into the “soft” side of estate planning for the Purposeful Planning Institute’s Thought Leader & Industry Innovator Series.