Planning for the surviving spouse: Part 3 {PFP Section}
AICPA Personal Financial Planning (PFP) · Paul Hood, JD, LLM
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Show Notes
When planning for the surviving spouse with your client's attorney, it's important to address issues while both spouses are alive to arrive at the best outcomes. In part three of this PFP Section podcast series, Paul Hood, JD, LLM, walks you through what may occur after the first spouse dies that should be built into the estate plan. He discusses the following issues to consider:
- Cashflow
- Backup fiduciaries
- Managing incapacity
- Blended families
- Estate tax apportionment
- Income tax basis possibilities
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- Listen to part 1 and part 2 of this series.
- Use the Guide to Financial & Estate Planning as a reference library to research issues related to financial and estate planning.
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