What MOST Business Owners Get Wrong About Estate Plans

Описание: Most business owners think they’re “set” when it comes to their estate plan — but the truth is, many are making costly mistakes that could leave their family with a massive tax bill, legal headaches, or even the loss of the business they worked so hard to build.

In this episode, we break down the 7 biggest estate planning mistakes that business owners make and how to avoid them. From unfunded trusts and succession plan failures to entity structure missteps and overlooked tax strategies, we’ll show you how to protect your wealth, your family, and your legacy.

If you own a business, this is a must-watch conversation to make sure you don’t fall into the traps that could cost you millions.

📌 Topics we cover:

Why multiple advisors without coordination = dangerous gaps

How poor entity structure creates tax inefficiencies

The importance of funding your trust (and what happens if you don’t)

Succession planning mistakes that destroy family businesses

The hidden family dynamics that derail even the best plans

Life insurance and tax strategies most owners overlook

🎙 Hosted by Kyle O’Dell, CEO of EdgeRock Wealth Management

Most business owners think they’re “set” when it comes to their estate plan — but the truth is, 90% are making costly mistakes that could leave their family with a massive tax bill, legal headaches, or even the loss of the business they worked so hard to build.

In this episode, we break down the 7 biggest estate planning mistakes that business owners make and how to avoid them. From unfunded trusts and succession plan failures to entity structure missteps and overlooked tax strategies, we’ll show you how to protect your wealth, your family, and your legacy.

If you own a business, this is a must-watch conversation to make sure you don’t fall into the traps that could cost you millions.

📌 Topics we cover:

Why multiple advisors without coordination = dangerous gaps

How poor entity structure creates tax inefficiencies

The importance of funding your trust (and what happens if you don’t)

Succession planning mistakes that destroy family businesses

The hidden family dynamics that derail even the best plans

Life insurance and tax strategies most owners overlook

🎙 Hosted by Kyle O’Dell, CEO of EdgeRock Wealth Management

⛔ Disclaimer:

Advisory services are provided through EdgeRock Capital, LLC (“EdgeRock”), an independent SEC-registered investment advisor. Registration with the SEC as an investment advisor does not imply that EdgeRock, its owners, or employees possess a particular level of skill or training in investment advising or any other field. The firm's disclosure documents (Form ADV 2 - Brochure, Privacy Policy, etc.) are available online at www.edgerockwealth.com or by calling (303) 780-7350. EdgeRock is not a broker-dealer.