Common Estate Planning Misperceptions
Money Talk
JANUARY 28, 2024
One dictionary definition of the word “misperception” is a wrong or incorrect understanding of something. Often, misperceptions result in faulty decision-making or inaction to address a pressing situation. A financial example where misperceptions are common is estate planning. Below are eight common estate planning misperceptions: Estate Planning is for “The Rich”- No matter how modest their net worth, most adults own some property (e.g., a car, a bank account, and perhaps a house).
Let's personalize your content