When Erin Nunes first joined the specialist legislation agency of Surprenant & Beneski some 20 years in the past, it was as a authorized secretary.
That first position could have been a low-ranking one, Nunes remembers, but it surely gave her a transparent perception into the essential significance of the agency’s mission, which focuses on delivering premier elder legislation and property planning help companies to purchasers.
In actual fact, Nunes was so drawn by the work that she determined to review the legislation herself, first turning into a paralegal whereas nonetheless working on the agency earlier than finally incomes her legislation diploma in 2014, at which era she grew to become an affiliate legal professional.
In 2022, Nunes was promoted to accomplice on the agency, however the focus of her work has remained kind of the identical: serving to purchasers cope with the complexity of elder legislation and property planning.
As Nunes lately informed ThinkAdvisor, no one has a crystal ball that exhibits what the longer term will deliver, however that doesn’t imply a talented legal professional or monetary planner can’t assist purchasers put together and plan for as a lot of life’s uncertainties as doable.
Of specific significance right this moment helps older purchasers defend their property from being depleted by long-term care, Nunes stated, and managing the complexities of affording care. Additionally it is essential to appropriately deal with tax points as they come up and to make sure that purchasers’ youngsters and grandchildren will obtain their inheritances as meant, whilst tax legal guidelines change over time.
The companies of specialist legislation corporations like Surprenant & Beneski are in excessive demand because the U.S. child boomer inhabitants navigates retirement and prepares to go a considerable quantity of wealth right down to the following generations, Nunes stated.
See the slideshow for a rundown of what Nunes sees as the most important misunderstandings and missed components that may harm the property planning course of. Advisors who may also help their purchasers keep away from these pitfalls can ship important worth to their purchasers and in any other case collaborate extra successfully with property attorneys and elder legislation specialists.
