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#284 | Elizabeth Schlesinger; Estate Planning, Rights of Children, Wealth Transfer

The Vance Crowe Podcast

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Revisit When You Know Who Your Kids Are

I think it's important for people to continue to revisit their state plan and the decisions that they've made during their lifetimes. Revisit when you know who your kids are marrying and who else may be involved in inheriting from you, as well as your own assets evolve. You know if you own a business you may have very different considerations when you set up your state plan then 25 years later when you've sold the business. What would happen if I die and my children are already 70 years old at that point? Do I still need to have all these restrictions?

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