Top 8 Reasons Clients Turn To Estate Planners


Estate planning helps you prepare for the unexpected and protect the ones you love

Think estate planning is just about drafting a Will? Think again.

Estate planning is about much more than directing where your assets should go after your death.

Here are the 8 most common reasons clients give for seeking out estate planning expertise:

67% to avoid probate, the court-supervised legal process for administering the estate of a decedent

65% to avoid chaos/discord among family beneficiaries

38% to protect children from mismanaging their inheritance

25% for asset protection for themselves or beneficiaries

22% to minimize estate taxes

16% to reduce the likelihood of estate litigation

14% due to concerns about financing health care or long term care

13% for business succession and exit planning

And here’s a 9th reason: you can either plan ahead for what happens to your family and your assets if you die or become incapacitated, or you can do nothing, and let the government decide for you.

Why don’t you ask your loved ones which option they prefer?

Survey data source: WealthCounsel, an organization of estate and wealth planning attorneys


About Mari Adam

Mari Adam, Certified Financial Planner™ has been helping individuals and families chart their financial futures for over twenty-five years. Have a question about your financial situation? Ask Mari!


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