Meaningful Inheritance: Timing and Visibility

That is a different inheritance problem.

Estate planning can establish rights without creating visibility

Traditional estate planning and inheritance visibility solve different problems.

A will or trust can establish legal rights, responsibilities, and authority. It can document who should inherit and who has the authority to administer an estate.

What it does not necessarily provide is a continually updated picture of everything a person owns.

Financial lives have become increasingly fragmented. A person may have bank and brokerage accounts, insurance policies, employee benefits, investment platforms, digital wallets, online businesses, domain names, and other assets spread across multiple institutions and jurisdictions.

Some may have been opened decades apart. Some may never have been discussed with family members. Some may not even be known to the lawyer who prepared the estate documents.