The 4 Most Costly Estate Planning Mistakes

Made by Those Worth $3 Million and Up are:

 

1. Losing 50% or more of your estate to estate taxes . If you own it, it will be taxed! The world's best will and trust will not save your family one penny in estate taxes! Oversimplified you're only worth 40% of what you think you are.

2. Losing upwards of 85% of your qualified retirement plans to income, estate, generation and excise taxes.

3. Thinking liquidity will protect your assets from the devastation of estate taxes.

4. Giving your favorite charity only a fraction of what you could give them.

These mistakes can be cured, resulting in your heirs keeping more of your dollars.

 

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