The 2024 Trends in Trust and Estate Planning report offers a comprehensive look at how industry professionals are responding to shifting client needs and evolving regulations. Key priorities for clients include mitigating taxes, preserving wealth, and planning for the succession of family-owned businesses.

With increased uncertainty around estate tax changes, more clients are seeking proactive strategies to safeguard assets for future generations. Professionals are emphasizing gifting strategies and tax-efficient trust structures to meet these demands.

The report highlights the growing use of trusts in family-business succession planning, as well as the need for transparent communication to prevent estate-related conflicts. These insights provide advisors with actionable strategies to better serve their clients in today’s complex estate planning landscape.