Planning and Drafting from the Fiduciary's Perspective
Probate and Property, March/April 2001, Volume 15, Number 2
By Marc S. Bekerman, Jo Ann Engelhardt and Isabel Miranda
"An ounce of prevention is worth a pound of cure." Although a cliché, this adage is a truth of great value in estate planning, both in formulating an estate plan and in drafting documents. Unfortunately, fiduciaries confront plans and documents that do not always achieve the desired results. This article highlights areas that fiduciaries regard as essential areas of concern in good estate planning.