Review 20 errors frequently made in the estate planning process. Advisors can avoid such errors by establishing a process to regularly review client estate documents, reviewing beneficiaries, leveraging estate planning techniques such as exclusions for paying for higher education and healthcare for loved ones, and understanding tax and investment related decisions surrounding the death of a client or a client’s spouse.
Bob Morrison, CFP®, CPA, PFS
Bob Morrison is president of Downing Street Wealth Mgt LLC in Denver, CO. He is a Fee-Only planner specializing in estate and tax planning for high income earners and clients nearing or in retirement. Morrison has been a NAPFA member for 12 years and has held various regional board positions for NAPFA including President and Chairperson for the west area Board. He was also the Chairperson for the Spring 2020 and Spring 2021 National NAPFA Conferences.