2005 Practice Strategies Survey
REMINDER -- The survey will be active until Thursday morning, Sept. 1st
I will be compiling some of the comments from the survey and posting them here over the next few days. To get a FREE copy of the final report, you must register and participate in the survey online at: http://www.estateplanningpartners.com/2005_Survey.htm
Also, please remember to forward this email to your colleagues and encourage them to participate as well.
Because we ran our last Practice Strategies Survey in 2001 (results published in Trusts & Estates magazine -- download the article at the bottom of the survey), one of the questions we asked attorneys was how federal estate tax reform has affected their estate planning practices over the past five years. Here is a sampling of some of their answers:
Q. How has federal estate tax reform affected your estate planning practice over the past five years?
More drafting of short trust amendments to conform to changes in State law caused by the federal changes.
Except to adjust some of the numbers and allocations when the exemption changes it has not affected our practice at all.
I think that it has lowered the average price that the person in the 1mm total asset range is willing to pay for estate planning documents
It has caused us to have more business, due to state decoupling and the impermanency of the federal law from administration to administration.