Top 3 Estate Planning Mistakes

Many people make mistakes in estate planning without realizing it. The top three are:

1) Not updating documents after life changes,

Life is constantly evolving, and an outdated plan can create confusion. For example, a divorced spouse may still be listed as a beneficiary, or a child might not be included in your plan.

2) Forgetting digital accounts,

Digital accounts—like email, cloud storage, or social media—also need to be addressed to prevent access issues.

3) Choosing an executor who can’t handle the responsibility.

This role can be overwhelming, so it’s important to pick someone organized, trustworthy, and prepared to handle the job.

By reviewing your plan periodically and choosing the right people, you can avoid stress, delays, and disputes for your family.

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