Erik Carter

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Last quote by Erik Carter

The first thing to consider is whether there will be an estate at all, because of the cost of long-term care. You can wipe out an entire estate in just a few years of long-term care. If you have a will, your estate will go through probate court. It can cost thousands of dollars in legal and administrative fees, depending on the complexity of the estate and other issues.feedback
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Feb 16 2017
Find all of Erik Carter’s quotes that have been published in 1 different article on this page. Erik Carter’s quotes are organized by date and topic, making it easy for you to compare, for example, what Erik Carter has said both recently, and in the past, on a variety of topics. Some of the topics Erik Carter likes to comment on include estate and parent. Most recently, Erik Carter said, “When you pass, the main benefit of a living trust is that it avoids probate. Assets held in the trust go immediately to the beneficiaries. It's easier, and it's private. The probate process is public, so everyone knows your business. The stereotype of Gen Xers is that they tend to be more independent and less trusting of financial advisors. They are the latch-key kids and probably more reluctant to go along with their parents' advisors. Millennials had the helicopter parents. They are more likely to stick with their parents' advisors.”.
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Quotes by Erik Carter

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