Tuesday, December 28, 2004
David Gage, John Gromala & Edward Kopf (all of BMC Associates) have published Holistic Estate Planning and Integrating Mediation in the Planning Process, 39 Real Prop., Prob. & Tr. J. 509 (2004). Here is the abstract:
This Article discusses holistic estate planning as an alternative to traditional estate planning. Providing a brief background on the development of holistic estate planning, the authors explore the advantages of this alternative method of estate planning, which uses mediation techniques and family dynamics specialists to facilitate the pre-estate planning process. Through the use of two case studies, the authors demonstrate how involving the entire family in the estate planning process can facilitate the transition of assets between generations. Involving the entire family allows parents, children, and estate planning attorneys to create a better estate plan that will transfer not only family assets, but also family values and traditions.