Financial Planning, Retirement Planning, savings

Estate Planning 101: Statistics, Facts, and Trends

No one looks forward to planning for what will happen to their assets after they die.  It means confronting mortality, which is problematic.

The consequences of inaction and procrastination can be catastrophic.  Taxes may deplete your estate, your heirs may engage in costly litigation, and your assets may not be distributed as you wish.  These are the reasons why estate planning is important.

These facts, statistics, and trends may motivate you to review your estate planning and eventually hire a trust and estate planner.  Your loved ones will benefit from it.

 

Let us help you create a comprehensive, customized financial plan.

 

[1] https://www.commonwealthfund.org/publications/issue-briefs/2022/sep/state-us-health-insurance-2022-biennial-survey – :~:text=Forty-three percent of working,to health care (23%25).

[2] https://www.insurist.com/studies-surveys/life-insurance-consumer-and-industry-statistics/#:~:text=52%25%20of%20American%20adults%20have,the%20cost%20of%20life%20insurance

[3] https://www.bankrate.com/insurance/life-insurance/life-insurance-statistics/

[4] https://www.simplyinsurance.com/disability-statistics/

[5] https://www.simplyinsurance.com/disability-statistics/

[6] https://www.cnbc.com/2022/04/11/67percent-of-americans-have-no-estate-plan-heres-how-to-get-started-on-one.html

[7] https://www.forbes.com/2010/03/01/estate-tax-living-will-schiavo-personal-finance-no-estate-plans.html?boxes=Homepagechannels&sh=6f56c646677b

[8] https://blog.acadviser.com/26-must-know-statistics-about-estate-planning

[9] https://www.financialsamurai.com/how-much-does-probate-court-cost-how-does-it-work/

[10] https://www.financialsamurai.com/how-much-does-probate-court-cost-how-does-it-work/

[11] https://trustandwill.com/learn/millennial-estate-planning-study-2022

[12] https://trustandwill.com/learn/millennial-estate-planning-study-2022

[13] https://trustandwill.com/learn/millennial-estate-planning-study-2022

[14] https://trustandwill.com/learn/millennial-estate-planning-study-2022

[15] https://info.wealthcounsel.com/blog/estate-planning-trends-2022?utm_term=&utm_campaign=Dynamic+Search+Campaign&utm_source=adwords&utm_medium=ppc&hsa_acc=7497927863&hsa_cam=15948270369&hsa_src=g&hsa_net=adwords&hsa_ad=576130424557&hsa_kw=&hsa_mt=&hsa_grp=135345586231&hsa_ver=3&hsa_tgt=aud-464802616035:dsa-19959388920&gclid=Cj0KCQiAg_KbBhDLARIsANx7wAxj3-sp-d3OnHQalS1dGM-1qQpb4w9VUmUPkW9ZbI5iOL3Uua5Nt7gaAg1sEALw_wcB

[16] https://info.wealthcounsel.com/blog/estate-planning-trends-2022?utm_term=&utm_campaign=Dynamic+Search+Campaign&utm_source=adwords&utm_medium=ppc&hsa_acc=7497927863&hsa_cam=15948270369&hsa_src=g&hsa_net=adwords&hsa_ad=576130424557&hsa_kw=&hsa_mt=&hsa_grp=135345586231&hsa_ver=3&hsa_tgt=aud-464802616035:dsa-19959388920&gclid=Cj0KCQiAg_KbBhDLARIsANx7wAxj3-sp-d3OnHQalS1dGM-1qQpb4w9VUmUPkW9ZbI5iOL3Uua5Nt7gaAg1sEALw_wcB

[17] https://trustandwill.com/learn/digital-estate-planning-trends

[18] https://trustandwill.com/learn/digital-estate-planning-trends

[19] https://trustandwill.com/learn/digital-estate-planning-trends

[20] https://9450632.fs1.hubspotusercontent-na1.net/hubfs/9450632/State%20of%20Estate%20Top%206%20Findings.pdf

[21] https://9450632.fs1.hubspotusercontent-na1.net/hubfs/9450632/State%20of%20Estate%20Top%206%20Findings.pdf

[22] https://9450632.fs1.hubspotusercontent-na1.net/hubfs/9450632/State%20of%20Estate%20Top%206%20Findings.pdf

[23] https://tankolaw.com/estate-planning-trends-for-2022/

[24] https://tankolaw.com/estate-planning-trends-for-2022/

[25] https://www.estatelawpartners.com/blog/2019/july/top-four-facts-to-know-about-estate-planning/

[26] https://www.metlife.com/stories/legal/tips-successful-estate-planning/

[27] https://www.metlife.com/stories/legal/tips-successful-estate-planning/

[28] https://www.metlife.com/stories/legal/tips-successful-estate-planning/

[29] https://www.metlife.com/stories/legal/tips-successful-estate-planning/

[30] https://www.metlife.com/stories/legal/tips-successful-estate-planning/

[31] https://www.metlife.com/stories/legal/tips-successful-estate-planning/

[32] https://www.metlife.com/stories/legal/tips-successful-estate-planning/

[33] https://www.metlife.com/stories/legal/tips-successful-estate-planning/

 

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