The Tools & Techniques of Estate Planning for Modern Families, 4th Edition

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The Tools & Techniques of Estate Planning for Modern Families, 4th Edition discusses estate planning issues with a particular focus on how they apply to modern families. It moves from a basic estate planning overview to a discussion of the unique issues in today’s modern families. It also includes tax issues, premarital and relationship formalization considerations, lifetime estate planning options, and more!

This book is entitled “Estate Planning for Modern Families.” But what is a modern family in the 21st century?

Since before the country was founded, the traditional notion of an American family was understood to mean a heterosexual couple who married until death did part them, who naturally conceived and then raised their own children, and whose children would be expected to repeat the same pattern. However, evolving social norms and technological advances have challenged traditional notions of family and how estate planning advisors must consider their clients' needs. Broadly stated, these considerations include aspects such as: (i) changes due to marital and relationship status, (ii) gender norms and identification, (iii) various paths to parenthood, (iv) longer lifespans, (v) globalization, and (vi) technology.

Since the previous edition in 2019, there have been other significant changes to the social fabric in our country, including the global pandemic, increasing concerns about mental health, addiction and ethics, the racial justice movement and resulting backlash, and the current culture wars over all issues surrounding identity, including gender, sexuality, ethnicity and religion. This new book does not shy away from these controversial issues, but attempts instead to respectfully address them to provide helpful information to assist estate planning advisors in their interactions with diverse client families.

What's New in the 4th Edition:

  • New chapters have been introduced to address critical topics:
    • Planning for Racial and Ethnic Diversity
    • Planning for Religious Differences
    • Planning for Addiction and Mental Health
    • Planning for Contemporary Ethical Considerations
  • Inclusiveness and Gender-Neutrality:
    • The drafting process now emphasizes inclusiveness, recognizing the dynamic shifts within modern families. In the 21st century, precision matters-there's no need to risk offending clients or rely on gendered pronouns.
    • Gender-neutrality is further emphasized when planning for transgender clients or family members.
  • Grey-Divorce Considerations:
    • Specific attention is given to “grey-divorce,” which occurs later in life.
  • Protecting Clients Post-Dobbs Case:
    • Strategies to safeguard clients impacted by the Dobbs case (June 2022) are discussed. Concerns arise from the potential overturning of protections for same-sex couples provided by Windsor and Obergefell
  • Retirement Planning under the SECURE Act:
    • This edition delves into retirement planning, considering the implications of the SECURE Act.
  • International Couples:
    • Updated material addresses planning for international couples.
  • Enhanced Guidance for Clients with Declining Capacity:
    • Improved details and fresh drafting recommendations cater to clients facing capacity challenges.
  • Charitable Giving and Noncharitable Trusts:
    • New content explores charitable giving using noncharitable trusts, philanthropic LLCs, and 501(c)(4) structures.
  • Donor Advised Funds:
    • An expanded discussion covers donor advised funds as a powerful giving vehicle.
  • Digital Assets and Cryptocurrency:
    • Revised insights account for the rapid growth of digital assets and cryptocurrency, offering nuanced planning approaches.
  • Updated Checklists:
    • This edition includes refreshed checklists to aid practitioners in their comprehensive planning.
Additional Information
SKU 2890004B
Publication Date February 28, 2024
ISBN 978-1-58852-838-4
Page Count 634
Author Wendy S. Goffe & Kim Kamin
Edition 4th
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Kim Kamin

Kim Kamin is a Principal at Gresham Partners, LLC, an independent wealth management firm that serves as a multi-family office for select families nationally. As Chief Wealth Strategist Kim leads Gresham’s development and implementation of estate, wealth transfer, philanthropic, educational and fiduciary planning activities, and advises clients.  Previously she was a partner in the Private Clients, Trusts and Estates Group at Schiff Hardin LLP where for many years her legal practice involved all aspects of trust and estate planning, administration and dispute resolution; advising families and closely held businesses on a wide array of wealth preservation, asset protection and succession planning issues; representing fiduciaries, custodians, and beneficiaries in estate administration and contested trust and estate matters; and serving as counsel for the formation and operation of not-for-profit entities.

Kim is an adjunct professor at the Northwestern University Pritzker School of Law where she has been awarded the William M. Trumbull Lectureship, and has taught Advanced Trusts and Estates, the Income Taxation of Trusts and Estates, and Estate Planning. She is also on faculty for the Certified Private Wealth Advisor® (CPWA®) certification program through the University of Chicago Booth School of Business Executive Education.

Ms. Kamin is on the Editorial Advisory Board of Trusts & Estates Magazine, has published on a wide variety of topics and is a frequent lecturer in a variety of venues. Kim is as an Officer for the Chicago Estate Planning Council Board of Directors. She serves on the Chicago Community Trust Professional Advisory Council, the Art Institute of Chicago Gift Planning Advisory Committee, the Northwestern Memorial Foundation Council for Philanthropy, the Goodman Theatre Spotlight Advisory Council, the Chicago Foundation for Women Professional Advisory Council, and the Executive Committee for the Lurie Children’s Legacy Partners. She also serves on the Chicago Stanford Association’s Board of Leaders. She is a member of The Economic Club of Chicago.

Ms. Kamin is a Fellow with the American College of Trust and Estate Counsel.  Professional awards and recognitions include Illinois Attorney Under 40 To Watch by the Law Bulletin Publishing Company (2008), The Best Lawyers in America® in the practice areas of both Trusts and Estates, and Litigation - Trusts & Estates (2011-present), selected as an Illinois Rising Star in Illinois Super Lawyers (2009, 2011), selected to Illinois Super Lawyers (2011-2014), a Leading Lawyer in Trust, Will & Estate Planning Law with the Illinois Leading Lawyer Network (2010-2014), and "AV Rated" by Martindale-Hubbell.

Ms. Kamin received her B.A., with distinction and departmental honors, from Stanford University and her J.D. from the University of Chicago Law School.

Wendy S. Goffe

Wendy S. Goffe is a partner with the law firm of Stoel Rives LLP, Seattle, Washington with more than twenty-five years of experience counseling clients on estate planning issues. Her experience includes advising clients on matters including probate and trust administration, estate and gift taxation, charitable giving and nonprofit trusts and corporations, family-owned business succession and issues concerning unmarried couples.  Before joining Stoel Rives, Wendy was a shareholder at Graham & Dunn PC and an attorney at Bogle & Gates.

Wendy is a regular speaker at local, regional and national events addressing a number of estate planning topics. She has also been interviewed by and written for many national publications, and was previously a contributor to She has been named one of “The Best Lawyers in America” for trusts and estates in 2007 and 2018 and is a fellow with the American College of Trust and Estate Counsel (ACTEC) and a member of the Digital Property Committee.

She is a current member of The Seattle Foundation Professional Advisory Council and the Children’s Legacy Council of the Children’s Hospital Foundation.  She is also a former Adjunct Instructor at Seattle University Law School, as well as a former member of The Nature Conservancy Planned Giving Committee. She is also a former member of the ABA Taxation Section Community Property Comment Project, the Executive Committee of the Estate Planning Council of Seattle, the Acquisition Committee of the Tacoma Art Museum, the Executive Committee of the WSBA Real Property, Probate and Trust Section, the YWCA Planned Giving Advisory Committee, the Ethics Committee of Valley Medical Center and the Board of Directors and Grants Committee of The Women’s Endowment Foundation, a supporting organization of the Jewish Community Endowment Fund, Seattle, Washington.