The Lawyer’s Guide to Financial Planning

FRONT COVERsmallThe Lawyer’s Guide to Financial Planning can be offered as a breakout session with substantive CLE credits. The length of the presentation depends upon your needs. Last line on page, change as follows: Author customizes course agenda in collaboration with the Program Planner or Committee.

This program explores essential financial and tax concepts that all lawyers must know in order to properly guide clients as well as to secure their own economic futures. The content of the program is based upon my book The Lawyers’ Guide to Financial Planning published by ABA Book Publishing in June of 2014.

Topics covered include:

  • Factors to Consider When Choosing a Financial Advisor
  • Asset Conservation Strategies
  • Retirement Planning Vehicles
  • The Long Term Care Dilemma

DETAILED COURSE AGENDA (The Lawyer’s Guide to Financial Planning)


Attorneys often review a client’s portfolio in the context of representation - particularly corporate, estate planning and elder law lawyers as well as matrimonial and real estate practitioners. Sounder advice can be rendered by lawyers who understand the basics outlined in this session.

A. Investment Perspectives

  • Six Step Approach to Financial Security
  • Risk Assessment
  • Risk Minimization Techniques

B. Factors to Consider when Choosing a Financial Advisor

  • Pros and Cons of Managing Own Portfolio - Role of a Financial Advisor
  • What the Credentials Really Mean
  • Compensation Structures Demystified

C. Asset Conservation Strategies

  • Minimizing Investment Mistakes
  • How Debt Eats Away at Your Future
  • Credit Report/Credit Score
  • Bankruptcy and Lawyers

D. Retirement Planning Issues

  • How Much to Save
  • Qualified vs. Non-Qualified Plans
    How Much to Withdraw After Retirement
  • Social Security Benefits (Old Age and Survivors)
  • Tax Qualified Plans

E. The Long Term Care Dilemma

  • Medicare: What You Need to Know
  • Medigap Policies
  • Medicaid
  • Veterans Benefits
  • Long Term Care Insurance - Contractual Terms Explored
  • Reverse Mortgages - Analysis of Contracts
  • Review of Concepts Questions/Answers