Reflecting on the Recruitment and Retention of New Estate PlannersReflecting on the Recruitment and Retention of New Estate Planners

The growing demand for access to quality estate planning has put a spotlight on the question of whether the supply will be able to keep pace. With the potential sunset of the increased estate tax exemption approaching at the end of 2025, wealthy individuals (old and young) are particularly focused on efficient and effective planning. Perhaps more monumentally, Baby Boomers are retiring and beginning to face their own mortality, and with that, the greatest ever transfer of wealth is underway. All signs point to the next few years as a time when estate planners will be kept well occupied and well compensated. The upward trend in demand is great news for the field, but lack of supply is a concern, especially for those who wish to retire and...