Which Category of Planet Exit Planning are You #estateplanning #assetprotectionplanning #trusts

8 Mar 2023 · 1 min

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0:48

In this brief video, the speaker presents a series of statistics that illustrate how many people lack proper estate planning, have outdated wills, misunderstand probate, and are unaware of tax‑saving benefits. He frames the information as a self‑assessment: if you were forced to leave Earth early, which "planet exit" category would you fall into based on your current estate‑planning status. The speaker highlights that 55% have no will or trust, most existing wills are outdated—especially among higher earners—and many believe planning is confusing or think a will avoids probate when it does not. He notes that 74% would act if it reduced family taxes, yet 90% have never consulted an attorney. The video ends with a call‑to‑action to subscribe to his newsletter via his Linktree.

Chapters

When it comes to making a plan for your family, if you were asked to make an early exit from the planet, which of the following categories do you fit into? 55% of you will exit the planet without a will, trust, or any kind of estate plan. Do have wills, 72% of them are outdated. Those of you that have wills and make more than $150,000 a year, 85% of them are outdated. 74% of you would create a plan if it helped lower your family's taxes. 47% of you know that it can. Lower your family's taxes. 74% of you believe that planning is just too confusing. 90% of you have never talked to an attorney. For those of you that have prepared a will, 50% of you believe that that will will keep you out of probate, when in fact that will put you squarely in probate. For more fun facts, just go ahead and subscribe to my newsletter. It's on my profile page under my Linktree.