It doesn’t matter how you feel about estate planning, it’s imperative to make sound decisions that will benefit you and your family now and in the future.
No one is immune to estate planning mistakes. These are particularly common. Many people are in a rush to create an estate plan, as it’s not something that they want to continually think about.
However, if you make a mistake, it could greatly affect you and/or your loved ones at some point. Here are some of the most common mistakes:
Even if you’ve made one of these estate planning mistakes in the past, you have time to make up for it in the future. You can alter your estate plan at any time, so don’t wait to take action. Once you do, you’ll have greater peace of mind.