In a time of great uncertainty, there is so much that is out of our control. But one thing that is – or at least should be – in your control is your estate plan. However, estate plans can become outdated, which can lead to unpleasant surprises for heirs. Proposed tax policy changes further complicate the estate planning process and underscore the importance of revisiting your plan now to avoid any unintended consequences. In a new report, we identify common problem areas that, unfortunately, our experts see all too often, including:
Northern Trust’s proprietary approach to stress testing estate plans will give you a clear picture of how your plan will unfold to ensure your lifetime, family and philanthropic goals will be fulfilled.
© 2022 Northern Trust Corporation. Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A. Incorporated with limited liability in the U.S. Products and services provided by subsidiaries of Northern Trust Corporation may vary in different markets and are offered in accordance with local regulation. For more information, read our legal and regulatory information about individual market offices.