The Estate Plan Doesn’t Take Care of Identity Thieves

When there was a death in the family, I used to tell my estate planning clients not to worry. I told them to take the time they needed to mourn. I could do this because an estate planning trust bought them additional time. Unfortunately, now a death is nothing but an opportunity for identity thieves.

How Estate Planning is like eating a Marshmallow?

Years ago I remember reading about a “Marshmallow Experiment,” where Stanford researcher Walter Mischel gave a group of three to five year-olds a choice: Eat one marshmallow now, or wait fifteen minutes and get two marshmallows. The experiment was intended to measure children’s ability to delay gratification.