While traditional estate planning documents such as wills, powers of attorney, health-care surrogate designations and living wills are still a vital part of any estate plan, technology and the markets have given Gen X more to consider than their parents or grandparents did not too long ago. In the words of Ferris Bueller, “Life moves pretty fast. If you don't stop and look around once in a while, you could miss it.” The same goes with organizing one’s affairs and protecting one’s family and wealth.
Seth R. Kaplan is a partner and Joshua N. Goldglantz is an associate in the Wealth Preservation and Tax Planning Group of Berger Singerman LLP, Florida’s Business Law Firm.