Cars Can Drive Estate Planning

Financial Planning:  “When it comes to estate planning many advisors forget to talk about a client’s cars. . . . ‘This is an area people forget about when it comes to estate planning,’ says Kevin Transue, a certified financial planner with Heacock Financial, . . . . ‘The collectors don’t even tell their spouses what they paid for the car.  Nobody out there is talking about it or planning for it, so what typically happens is the cars sell at auctions, where they get bottom dollar and pay sellers’ fees’.”