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  • Why wealthy women lag male peers in estate planning
    Financial Planning

    Why wealthy women lag male peers in estate planning

    March 9, 2023 /

    Studies show that women invest more prudently than men, but rich women have at least one significant blind spot in their wealth strategies: estate planning.  A new UBS report out March 6, “Women and Investing: Planning for Your Legacy,” found that among high net worth investors, 56{9f99fe44fce1aa3c813d0a0ce4da2fbea8a5a58e9d85c4a2927dd8140cb676b5} of women don’t know how much wealth they can leave to heirs, versus only 47{9f99fe44fce1aa3c813d0a0ce4da2fbea8a5a58e9d85c4a2927dd8140cb676b5} of men.  Additionally, 55{9f99fe44fce1aa3c813d0a0ce4da2fbea8a5a58e9d85c4a2927dd8140cb676b5} of women who plan to leave an inheritance do not have any plan in place to do so. Among men, it’s only 41{9f99fe44fce1aa3c813d0a0ce4da2fbea8a5a58e9d85c4a2927dd8140cb676b5}, the report said, citing a 2021 Fidelity International study.  “By not having any financial plans in place, women risk not having…

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    Reynaldo Jackson Comments Off on Why wealthy women lag male peers in estate planning

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