Good Deals Gone Wrong

unnamed (9)If someone were to offer you a “brand new” iPhone for $50, would you take it? What about $30 for a “genuine” Louis Vuitton purse? Maybe you’d jump on a chance to get an “authentic” Rolex for $20? You could take these deals and be happy—that is, as long as you understand that you’re not getting the real thing.

We all want to get a good deal for our money, but let’s face it; if it seems too good to be true, then it probably is. When it comes to wealth planning, it’s tempting to go for the “good deal.” My family learned that the hard way; in my dad’s search for a bargain, after his death our family ended up paying three times what he originally spent on his estate plan. We paid it to satisfy conflicts that could have been resolved if my father had received better guidance. It cost the family and his legacy far more than dollars could calculate.

Failure in planning is more likely when affluent families follow the traditional estate-planning process just like my father did. They’re not the results that successful people like my dad want or deserve.

What might it cost you, your spouse, your heirs, and legacy if you don’t get your planning right before you’re gone? You DO have a choice. Call a qualified wealth-planning expert who can show you how to combine the value you want with the results you need.

Wealth is more than money. Don’t just plan for your future, live it right now. Pass it on and share the insights like this that you find valuable.



“I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well.”

– Alan Greenspan

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