You are a wealth consultant for Big Bank & Trust company. You received a referral from a peer who has set up a meeting with a client of the bank who has recently sold her business for $50 million. The prospect is 58 years old and single. She has three children ages 12, 16 and 21. The client is concerned about the future and also unsure of how to handle the recent liquidity event proceeds. Your client has a simple will that was drafted in 2005. She has done no other estate planning. What concerns should we have