Navigating estate planning amidst divorce can be complex. On the third episode of our speaker series, Partner Matt Smith emphasizes the need for adaptable and forward-thinking strategies to protect assets across varying state laws. Highlighting cases where outdated estate plans clash with the modern realities of marriage, divorce, and inheritance, Matt delves into crafting lifetime trusts, navigating state-specific trust codes, and integrating prenups to safeguard one’s financial future.  He also underscores the persistent challenge of ensuring estate plans remain effective in the face of life’s uncertainties and changes in law. Tune in to gain valuable insights on safeguarding assets in the face of marital dissolution.

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Resource Links:

• Future Focused | Wiggin and Dana LLP (privatewealthinsights.com)
• Subscribe | Future Focused | Private Wealth Insights
• Speaker Series: Prenups – Protecting Your Assets Before Saying “I Do”
• Estate Planning and Divorce: Lessons from In re E. Earl Lyden Trust
• SLATS — Spousal Lifetime Access Trusts
• 10 Reasons to Update Your Estate Plan