Looking for a seminar topic....my
suggestion is to construct your seminars around the following topic.....“Top
Ten Fatal Estate Planning Mistakes”
1. No Plan: Here you can cover
the fact 70 % of Americans have no plan at all because of good old
fashioned procrastination. Estate planning is a matter of personal
2. No Incapacity Planning:
Too many people regard estate planing as merely and after-death
distribution of their assets but a comprehensive plan begins with
planning for your own incapacity by making health and financial
3. No Back-Up Parents: Most
parents consider their children their most valuable asset but fail
to appoint guardians for their minor children in the event both
4. No Inheritance Protection:
If you do not incorporate inheritance protection into your estate
planning, your hard-earned assets could be squandered by your surviving
spouse’s new spouse, your children or grandchildren or lost
in their divorces.
5. No Basic Estate Tax Planning:
A married couple can protect up to $4 million of their assets
from federal estate taxes through proper estate planning. However,
if your plan includes “Sweetheart Wills” then you are
likely shortchanging your loved ones.
6. No Estate Tax Planning for Life
Insurance: Life Insurance is a fundamental financial tool
but Americans do not own enough life insurance or do not own life
7. No Probate Avoidance Planning
for Multi-state Real Estate: Real estate owned in a state
is subject to probate in the state in which it is located unless
you make appropriate legal arrangements.
8. No Income or Estate Tax Planning
for Retirement Plans: Much individual wealth in America is
in qualified retirement plans. Without careful coordination between
an estate plan and the financial plan more than 50% of a couples
retirement plan may go to the IRS instead of loved ones.
9. No Business Succession Planning:
Statistically, only 30% of family businesses survive from the founding
generation to the next because there is no plan or the plans are
10. No Tax-Savy Lifetime Giving Program:
Often overlooked and therefore under-utilized is the opportunity
to take advantage of the annual gift exclusion and/or the lifetime
gift exclusion. Gifts not only remove assets from an estate but
the eventual growth of the assets is removed. Charitable gifting
also removes assets and has the added benefit of an income tax deduction.
Each of the above topics can be expanded upon to form the
bais of one or more seminars to which your top planned giving prospects
can be invited.
Call for information on a seminar topic tailored to your
special situation by Connell and Associates. 919-295-6800 or e-mail: