Estate Lawyers Reveal the Most Common Will-Making Mistakes and How to Avoid Them
By
Monica Torres
Summary
This article examines the most common and costly mistakes people make when creating their wills, based on insights from estate lawyers. It covers issues like failing to update beneficiaries, not properly funding trusts, neglecting to name guardians for minor children, signing documents incorrectly, and not having a will at all. The piece emphasizes that even people with modest assets need a will to avoid burdening loved ones with legal complications and family disputes after death.
Source
Key quotes
· 3 pulledProcrastination and the belief that they don't have enough assets to leave someone were the top reasons people gave for not having made one.
Two out of three adults don't have a will despite the pandemic.
These attorneys have seen it all, and they want you to avoid these costly legal and financial problems for your family's sake.
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