Common Estate Planning Mistakes That If Avoided May Allow You To Safeguard Your Estate and Preserve Your Wealth For Generations To Come.

I recently read that approximately 75% of all those who pass away each year leave no written instructions as to how to distribute their estate.

Honestly, I don't know if that figure is accurate or not for folks living in Houston, Texas.... I would certainly hope not.

But, I can tell you from personal experience that I visit with far too many folks every month who unfortunately have given very little thought to the ultimate passing of their legacy.

As a result of this lack of planning, many estates wind up in the Texas probate court that normally would not. And, unfortunately, an estate that goes to probate without a clear set of planning documents is likely to pay more in fees to an attorney than would normally be the case.

Now granted, there are many folks living in Houston who have done a better job. They probably hired an attorney and paid good money to have estate planning documents drafted in the past.

The problem in many cases is that potential mistakes were made when the original documents were established or the original documents may not have been reviewed for a number of years and may no longer be valid based on recent law changes.

Why don't people take a few minutes and plan as they should?

Usually it boils down to the fact that they either don't know the risks or there's no sense of urgency and they wind up waiting until it's too late.

Ask yourself these three questions:

1. Do you have an estate plan, and if so...is it current?

2. Does your current trust or estate plan protect your assets from a divorce among your heirs?

3. Does your current trust or estate plan provide heavy duty creditor protection in the event of a lawsuit? (If you answered any question 'no' - read on)

Sadly, many living trusts and estate plans fall short, providing only probate avoidance and some 'plain vanilla' tax planning, but it shouldn't be this way.

If you have an existing will or trust, or are thinking about establishing one, you need the information that I provide in a free estate planning guide titled "Planning Secrets Of The Mega-Wealthy".

In this one-of-a-kind help guide, you will learn how to design an estate plan that will:

• Protect your assets from a son-in-law or daughter-in-law in the event of a divorce

• Protect your assets from a lawsuit if one of your heirs is sued

• Provide benefits used by many affluent taxpayers free of estate tax for many generations to come. (Learn what the Vanderbilt's and Carnegie's now wish they'd known.

If you would like to meet either in person or by telephone (or simply would like to receive my FREE "Estate Planning Guide"), please use the CONTACT US link and let me know.

I look forward to meeting you!