- PLANNERS FORECAST IRD AS LOOMING ISSUE: As more than $1 trillion in inheritance money is estimated to change hands over the next decade, some 94 percent of financial planners participating in a survey indicated that income with respect to decedent estate-depletion problems will become a major issue over the next 10 years.
The poll, conducted by Cogent Solutions, a provider of interactive tools for financial planners also showed that, due to the uncertainty of tax laws, many clients are inhibited from making a decision.
Cogent Solutions conducted the survey of 426 planners in conjunction with Financial Planning Interactive, a Web site for independent financial advisors, between Nov. 7 and Dec. 21, 2001.
"This survey shows that many advisors feel stymied by clients who have taken a wait-and-see attitude toward incorporating life insurance as part of their estate plans," said Dwight Davenport, founder and chief executive of Cogent Solutions.
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