Family wealth counseling is a different approach to estate and financial planning that has emerged over the past several years. Traditional estate planning focuses on transferring wealth while striving to reduce taxes, avoiding probate, and possibly planning for business continuity. But family wealth counseling also considers the social and emotional aspects of your wealth. It is a more question-based, purpose-driven, life planning process that some say has provided their life greater meaning and fulfillment. Let’s examine some reasons you may want to consider a family wealth counseling approach in your estate plan.