Giving Wealth Purpose | Episode 4: Why most Estate Plans fail ( part 1 of 2)

Most people think estate planning is about having a will. In reality, that is only one piece of a much larger puzzle. In this episode of Giving Wealth Purpose, Steven Hall and Carl-Peter Lehmann unpack why so many estate plans fail—not because people lack assets, but because critical details are overlooked. They explore the hidden risks that can create delays, conflict, unnecessary taxes, liquidity shortages, and administrative headaches for the people left behind. Topics discussed include: ✔ Why a will alone is not an estate plan ✔ The difference between estate planning and financial planning ✔ Common estate planning mistakes families make ✔ Why beneficiary nominations matter ✔ The role of trusts in estate planning ✔ Liquidity challenges after death ✔ Estate duty and executor fees ✔ The importance of reviewing your estate plan regularly ✔ Creating a legacy that reflects your values Estate planning is ultimately about ensuring that your wealth continues to serve the people and purposes that matter most. When wealth has purpose, planning becomes more than numbers—it becomes legacy. 🌍 Henceforward Wealth Management Henceforward Financial Planning 🎙 Giving Wealth Purpose Podcast #EstatePlanning #FinancialPlanning #GivingWealthPurpose #LegacyPlanning #Trusts #Wills #EstateDuty #SouthAfrica #WealthManagement