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19

Profit from an

Esta te Plan

by

J. J. Childers

fter taxes, there are two big obstacles to keeping the wealth you worked
A so hard to build. In this chapter, we tackle these two hurdles head-on and
clear the way for you to create and implement the estate plan that will
distribute your hard-earned assets to your heirs in the way you want.
The first obstacle is the government’s relentless attack as wealth passes

from one generation to the next. In this chapter, you learn the closely guarded
secrets of the super rich about dealing with taxes, fees, and other factors that
can prevent you from passing your wealth on to your heirs.
The second obstacle is your own resistance to having an estate plan. Most
people don’t know what estate planning is, and many mistakenly think estate
planning is only for the super rich. Drafting a will is often the only step taken
by those who recognize the need for estate planning. A will may certainly be
part of an estate plan, but there is a lot more to the process.

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