EST2302P. Planning for Beneficiaries with Addiction and Mental Illness Issues

Estate planners and allied professionals need to be aware of the prevalence and myriad manifestations of addiction to be able to address the issues it creates in a family’s estate planning documents. A well-drafted trust can go a long way toward helping a family and an addicted beneficiary through the stages of recovery, relapse, or the choice not to seek treatment. The estate planning team of professionals cannot solve the problem, but can help a client assemble a team of professionals to assist the family and the beneficiary, guided in part by a trust agreement.

Learning Objectives:

• Identify how informed estate planning professionals can serve clients and trust beneficiaries best with client-specific estate planning that is holistic in approach.
• Identify ways to help clients and trust beneficiaries through the stages of recovery or relapse into addiction or mental health diseases.