It’s finally Spring—a time of renewal. Those of us who’ve suffered through a particularly harsh winter can look forward to shedding our winter coats, putting away our snow shovels and enjoying those longer (and warmer) daylight hours. It’s also a time of renewal for our editorial advisory board at Trusts & Estates.  We’re pleased to welcome Martin M. Shenkman as a new member of our board, on the Estate Planning & Taxation committee. Marty is an attorney in private practice in Paramus, N.J. and New York City. His practice concentrates on estate and tax planning and estate administration. Marty is a prolific writer for Trusts & Estates, covering topics as varied as the split-dollar legacy trust, the new role of insurance after the American Taxpayer Relief Act of 2012 and the role of a care manager. You also may have heard his recent webinar presentation, “Highlights of Heckerling 2014.” If you weren’t able to attend the webinar, you can still view it on our website at http://bit.ly/1cUWRvg. We also bid farewell to long-time board member Thomas C. Foster, who has decided to step down. We wish him the best and thank him for all the helpful articles he wrote for our journal.  

Our Committee Report this month focuses on a variety of insurance issues. In “Shaping Modern Multigenerational Plans,” p. 42, Hugo A. Tomasio discusses using a projected inheritance as part of legacy planning, an approach that resonates especially well with uninsurable clients. In “Life Insurance as an Asset Class,” p. 47, Melvin A. Warshaw addresses how life insurance can deliver greater certainty and liquidity to a client’s asset mix at death. And finally, in “Recent Developments Affecting Life Insurance,” p. 53, Richard L. Harris updates us on three insurance issues that are taking center stage.