If you’re looking for tax-savvy wealth transfer strategies, the current economic environment could present some unique opportunities. You may already be familiar with the tax efficiency of the estate planning and gifting strategies I’ll discuss below, but they’re worth revisiting.

As with many crises, the ongoing coronavirus pandemic has put many issues into the spotlight that otherwise may not be top of mind for clients—like the importance of estate planning. In fact, I wouldn’t be surprised to hear that you’ve had an uptick in the number of estate planning questions your clients are asking. They might wonder if their plan is up to date. Or maybe their lack of adequate planning has become a source of worry. In each case, you can help by covering some estate planning basics, including must-haves and how to review an existing plan.

Go ahead and pat yourself on the back! It’s September, and chances are a few more students just headed off to campus, supported by the college savings you helped their parents grow. The transition is a big one for everyone involved. As young adults, students are facing new financial responsibilities. And parents are figuring out how to adapt to their child’s (or children’s) new independence, while keeping the family on a steady course financially.