As estate planning attorneys, we all know the many tax reasons to do estate planning. For example, doing annual exclusion gifts may reduce or eliminate state and federal estate taxes. But, there are substantive reasons to plan, besides keeping the taxman at bay. It’s good to remember these reasons in order to remind clients and prospects of the reasons they need to plan, even if they aren’t concerned about taxes. Incapacity. This may be the most important reason to plan—for themselves! … [Read more...] about Non-Tax Reasons to Plan
