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August 13, 2008
Top Money Mistakes
According to Ken and Daria Dolan, Celebrity Money Mistakes, AOL.com, the following are the top money mistakes which celebrities often make. Note that many of them would apply to "regular" folks as well.
- No prenuptial agreement.
- Out-of-date will.
- Allowing home to go into foreclosure.
- Going bankrupt.
- Spending all income (no savings plan).
- Failure to pay taxes.
- Falling for investment scams.
- Gambling.
- Having irresponsible heirs.
Special thanks to David S. Luber (Attorney at law, Florida Probate Attorney Wills and Estates Law Firm) for bringing this article to my attention.
August 13, 2008 in Estate Planning - Generally | Permalink
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