Show notes
About Mary Browning:
Mary Browning is a legal practice assistant at Cole Schotz P.C. with twenty years of experience in tax, trusts, and estates law, mastering the fields through her undergraduate years at Columbia and through earning her Master of Laws at New York University and Doctor of Laws in Seton Hall University School of Law. Mary is licensed to practice in New York and New Jersey, earning recognitions such as New Leader of the Bar by the New Jersey Law Journal, and was included on the list of New Jersey Super Lawyers.
She is a champion of women’s initiatives, a firm believer in ethos and leadership, and has experience in estate and trust, tax planning, wealth preservation, estate, and trust administration, business succession planning, special needs planning, special purpose trusts, and elder law planning. As an advisor and counselor to her clients, she describes herself as “80% therapist, 20% lawyer.”
Listen to this informative Legacy Leaders episode with Mary Browning about her backstory, her stories with her clients, the worst case of non-existent planning she encountered, the benefit and relief provided by estate planning, and what she enjoys most about her job.
Here is what to expect on this week’s show:
● Mary’s years in law school and path to estate planning
● Who is the ideal client?
● Misconceptions about estate planning
● The worst case of non-existent planning she has encountered
● The benefit and relief of estate planning
Key takeaways:
● Anyone is an ideal client in planning, as clients range from young up-and-comers to multi-millionaires who need very sophisticated planning.
● Mary helped in a case where a wealthy man with properties in 40 different states passed with no will or planning.
● Creating a will, establishing a trust, and planning for the future take stress, danger, and burden away from bereaved loved ones. It is a relief to the surviving family
● Clients and lawyers must actively seek out and work together to finalize and sign effective documents necessary in estate planning.
“It's important to understand that until you sign the documents, they are not effective. It doesn't matter that you told me what you wanted, or [if] there are draft documents that spell out what you wanted. If they're not properly executed, then you might as well have done nothing because that's the same result.”
-Mary Browning
“One misconception is that if you don't have millions of dollars, then it's not something you need to do. And I will tell you that it almost doesn't matter what you have. The cost and aggravation of what your family will go through if you don't have appropriate documents in place is multiples of what it would cost you to have to pay for an attorney to put together a plan.”
-Mary Browning
Connect with Mary:
LinkedIn: https://www.linkedin.com/in/marywbrowning/
Phone number (New Jersey): 201-525-6247
Email address: mbrowning@coleschotz.com
Links Mentioned:
Cole Schotz P.C. website: https://www.linkedin.com/in/marywbrowning/
Cole Schotz P.C. Contact Info:
Twitter: https://twitter.com/coleschotz
Instagram: https://www.instagram.com/cole_schotz_pc/
Facebook: https://web.facebook.com/ColeSchotz?_rdc=1&_rdr
LinkedIn:https://www.linkedin.com/company/cole-schotz-p-c-/
Learn more about your ad choices. Visit megaphone.fm/adchoices
Our TOPPODCAST Picks 
Stay Connected
