14 Mistakes to Avoid with Your Will
Liz Pulliam Weston has a nice summary of some common mistakes that I’ve seen in other people’s wills and estate plans. The full story is here. Obviously #1 is not having a will or any plan and I see that a lot. Most of the other problems can be traced to approaching estate planning as stand alone documents. In some sense that is what they are, but there is also a significant difference between a well thought out and designed plan versus buying a will or a trust and not understanding how it operates with your assets such as retirement accounts and life insurance. Your document may say what you want, but if your assets are not positioned correctly it may not do what you want.
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Index Tags: estate planning
