12 Common Estate Planning Mistakes
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Estate Planning Mistake #1: Failing to Address Healthcare Decisions
Estate Planning Mistake #2: No Plan to Control Financial and Property Matters During Incapacity
Estate Planning Mistake #3: No Wealth Transfer Strategy
Estate Planning Mistake #4: Failure to Understand and Plan for Death Taxes
Estate Planning Mistake #5: Thinking Children, Minors and Adults, Don’t Need Inheritance Protection
Estate Planning Mistake #6: Failing to Transfer “values”
Estate Planning Mistake #7: Not Preserving Tax Deferral Benefits of Retirement Plans
Estate Planning Mistake #8: Failing to Organize and Consolidate
Estate Planning Mistake #9: in Second Marriages, Failing to Protect Your Spouse and Your Kids
Estate Planning Mistake #10: Failing to Plan for Tangible Personal Property
Estate Planning Mistake #11: Access to Medical Records – Failing to Plan for HIPAA
Estate Planning Mistake #12: Believing Estate Planning is a “one-time event”
Justin Gilbert, Esq.
Every investor's situation is unique, and you should consider your investment goals, risk tolerance and time horizon before making any investment. Investing involves risk and you may incur a profit or a loss regardless of strategy selected. Past performance is no guarantee of future results. Prior to making an investment decision, please consult with your financial advisor about your individual situation. Raymond James does not provide tax or legal advice. Be sure to consult a qualified estate planner attorney in regard to your particular situation.
