“Thought for the Day” #747 – by Stephen R. Elville, J.D., LL.M.

June 23, 2016

The power of family harmony and unity is never more evident than in estate planning and elder law planning.  With family harmony, any planning goal can be accomplished seamlessly; without it, certain desirable planning options may be limited or even eliminated from consideration, and the right to self-determination in later years may be at risk.  If you are blessed with a harmonious family situation, consider “doubling down” by maximizing the contemporary flexibility options available to you in estate and elder law planning.  If you do not enjoy such a situation, consider minimizing your planning risks through  counseling and careful plan design.