The Estate Planning Risk Nobody Measures

Before anyone builds you an investment portfolio, they find out what you're willing to put up with, what you could actually survive, and whether both of those match what you say you want. Nobody skips it. Then the conversation gets to your estate and it comes down to two questions about a will and a power of attorney.This episode takes that framework and points it at estates instead.The problem shows up right away. A risk tolerance assessment only works because the person answering the questions is the person who has to live through the answer. Estate planning pulls that apart. You answer. Your executor, your spouse and your kids get the consequences, and they inherit a position you picked for them without ever being asked.This week, I take you through the three things worth measuring, including estate capacity, which isn't the same as mental capacity and gets confused with it constantly.Read the full article.Disclaimer: This content is for general information only and is not legal, financial, medical, or tax advice.