18 Dec Estate Planning for Women: Learning from the Mistakes of Celebrities
Whether you are a successful and accomplished woman, or if you aspire to be, we all suffer from “we don’t know what we don’t know.” This is especially true when it comes to money, investing and estate planning. What do you need to know to ensure your financial wishes are honored if you should become incapacitated? How can you ensure that your assets pass along to your heirs the way you intend? What is the best method to capture your wishes and intentions in writing without breaking the bank?
With money and wealth into the millions some celebrities have, you would think the “rich and famous” would be able to afford sound estate planning advice. And yes, they absolutely can afford it. However, public personalities also suffer from “we don’t know what we don’t know.” Additionally, many celebrities just don’t take time to plan accordingly. All too often after the death of an iconic figure, we learn of simple blunders that trigger years of court battles or cost their heirs millions of dollars. In hindsight, most of these estate planning missteps could have been easily avoided.
“But I don’t have millions of dollars to worry about.” It doesn’t matter. Whether you have $10,000, or $500 million, estate planning is equally important for you and your family.
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