Avoiding Costly Money Mistakes for Your Loves Ones
What are the costliest money mistakes you can make?
Forget about what happens to your money when the real estate and stock markets collapse. The biggest blunder is not having an estate plan.
Why is that?
Everything you worked for during your entire life can be wiped out. You must have an estate plan. Once you’re gone, you have no chance to recover this loss. Almost 60% of what you own can be paid in taxes unless you have an estate plan. That is a mistake only you can prevent.
Without an estate plan, your money can be wasted by paying for unnecessary arguments, taxes, years of delay, and legal costs. How do I know that? This is what I do for a living – resolve estate disputes. As an author and certified estate specialist in estates and trusts law, I see the damage from not having an estate plan. This mistake can change your loved ones’ lives. Not having a will causes losses, stress and heartache for those you leave behind.
Estate plans can help you avoid real financial damage. Don’t believe only the rich have to worry about estate plans. Give me a moment and I will change your thinking. This can save you and your money from ruin.
What Does Your Estate Plan Do?
An estate plan ensures that your loved ones will be taken care of. Your financial wishes can be carried out. You can prevent problems. Estate planning is simple; make sure your money goes straight to the people you love. This is done without legal hassles and quarrels. It looks like this:
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I can help you start an action plan to avoid the 7 biggest estate planning mistakes.
BONUS TIP:
If you made a will, make sure you can locate the original. Only the original is valid. Can you locate your original will?
Are you interested in a consultation with Ed? Take advantage of Ed’s $375 meeting to discuss your needs. Set up a meeting today.
Estate law is all Ed does..
Posted In: Estates, Wills On: July 19th, 2024