Updating your Estate Plan Tag

Estate Planning Pitfalls to Avoid: Common Mistakes and How to Steer Clear

Estate planning protects your family’s future and ensures your wishes are honored. However, mistakes can undermine even the best intentions. Below, we dive deeper into common pitfalls and provide expanded advice on how to avoid them. 1. Procrastination The Pitfall: Many people delay estate planning, thinking they have plenty of time or assuming they don’t have enough assets to justify it. Unfortunately, unforeseen events like accidents or illnesses can leave your loved ones in a difficult position without a plan. How to Avoid...