People make all kinds of different estate planning mistakes. Some types of mistakes are fairly rare, but there are many mistakes that people commonly make when estate planning.
Someone made a common estate planning mistake that could have been avoided. This mistake, in turn, is the reason an estate administration becomes difficult and expensive. Unfortunately, probate attorneys continue to see the same mistakes causing estate administration problems over and over again.
Recently Forbes published a list of some of these mistakes in an article titled “7 Common Estate-Planning Blunders Not To Make.”
Their list includes:
This list compiled by Forbes is not all-inclusive, but it is a good start. You will never live long enough to make all of the mistakes in life, but you can learn from these common estate planning mistakes made by others. An experienced elder law or estate planning attorney can help you avoid these mistakes as well as others.
Reference: Forbes (September 15, 2014) “7 Common Estate-Planning Blunders Not To Make“
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