The Ten Most Common Estate Planning Mistakes: Post The Tax Cut and Jobs Act of 2018 and the 2019 SECURE Act

In 1988 I penned the first edition of my book, The 10 Most Common Estate Planning Mistakes and How to Avoid Them. The mistakes have changed somewhat through the years, but the premise of properly planning the disposition of one’s estate has always been a consistent theme.Considering that 72% of America’s affluent DO NOT have a concrete estate plan, pre-determining who gets what, when they get it and how they get it, most Americans are woefully unprepared for their inevitable departure. Since there have been massive changes to the estate and retirement planning laws since my third edition, I decided to produce an UPDATED fourth edition.Given the pending TAX DOOMSDAY of December 31, 2024, I believe the content is not only pertinent but also up-to-date and necessary. When asked, people will tell their friends that they want to leave their wealth with their family or to a charity. Unless they have a strategic plan in place, that goal will just have been a dream. The federal and state governments, creditors, and lawyers have different ideas. The 10 Most Common Estate Planning Mistakes, will teach you how to not only keep your wealth in the family, it will show them how to disinherit the IRS. Read more