Orlando, FL estates & probate attorney Jim Flick talks about advanced estate planning and who needs it. He explains that estate planning typically involves clients seeking to minimize or eliminate estate taxes upon death, both for themselves and across multiple generations through proper planning. It also encompasses clients who require asset protection as part of their estate strategy. Asset protection is an essential component when implementing effective estate tax planning. Generally, these clients are individuals achieving financial success—whether through business ownership, inheritance, or executive employment. He emphasizes the importance of starting early: while income tax planning is like a sprint, conducted year by year, estate planning is a marathon. Advanced planning is recommended for anyone concerned with safeguarding assets for the next generation and reducing exposure to estate taxes.