Letting Go of the Dead Hand Part III: There’s a Better Way

As a new age in wealth advising begins, dubbed Wealth 3.0, trustors are increasingly expressing concerns about the implications of inheriting substantial wealth.

Morris Nichols partner Todd Flubacher recently co-authored the third part of a series with Niké Anani and Philip J. Hayes of Northern Trust, and Kristen Keffeler of Johnson Financial Group LLC. The final installment provides practical resources for planners to assist clients in exploring how trusts can be structured, aligning with clients’ family goals to enhance and support beneficiary well-being.

In their Trusts & Estates Magazine article, the authors stress “If advisors are to become equipped with new tools and approaches to make beneficiary well-being a prominent component of the planning discussions, they must be practical and usable.”

The full article is available here.  Also access Part I and Part II on our website.

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Niké Anani, Todd A. Flubacher, Philip J. Hayes, and Kristin Keffeler, “Letting Go of the Dead Hand Part III: There’s a Better Way,” Trusts & Estates Magazine (May 2024)