Guest: Steve Siegel, JD, LLM

The coronavirus pandemic highlights the importance of estate planning, regardless of wealth. As your client’s most trusted adviser, it’s important to initiate discussions to ensure their planning is in order. In this episode, Steve Siegel walks you through the core concepts, including:

Documents everyone should have in place
The importance of reviewing beneficiary designations
Considerations for college-age children
Dangers of boiler plate healthcare directives in light of the pandemic
Aspects to consider when appointing POAs, executors, trustees, and guardians

Access the related resource from this podcast:

The in-depth Adviser’s Guide to Financial and Estate Planning (www.aicpa.org/pfpguides)

This episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Also, by the CPA/PFS Credential program, which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community, gain access to valuable member-only benefits or learn about our PFP certificate program.

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Estate planning conversations all clients need to have now {PFP Section}

AICPA Personal Financial Planning (PFP)