What are some common legal mistakes clients make when creating their estate plans?
What are some common legal mistakes clients make when creating their estate plans?
Having good estate planning means that your family won't have to go through the uncertainty and heartbreak of dealing with a loved one's passing without knowing what their intentions were. While there may be certain mistakes we've all made before (like forgetting about a lawyer's bill), there are also some bad ideas that could happen if you're not careful. Here are some things you should know about common estate planning mistakes:
1. Failing to execute a will or trust
2. Putting off the creation of an estate plan until it's too late
3. Failing to include all beneficiaries—including future children and grandchildren
The most common legal mistakes in estate plans occur when people don’t properly understand the concept of a will and testament, or what it means to ‘inherit.’
The legal process of creating an estate plan can be complicated, but the benefits of having one are immense. Estate planning is a way to ensure that your wishes will be fulfilled when it comes to where you want to be buried, how you want to divide up your property, and who will be in charge of making sure your children are cared for.
If you have any questions or in need an Estate Planning Attorney, we have the Best Attorneys in Utah. Please call this law firm for free consultation.
We help you with Estate Planning, Wills, Trusts, Power of Attorney, Health Care Directive, Estate Administration, Probate and More
Parklin Law - Estate Planning
5772 W 8030 S, # N206
West Jordan UT 84081
(801) 618-0699
40.605070, -112.027530
Disclaimer: This is not legal advice and is simply an answer to a question and that if legal advice is sought to contact a licensed attorney in the appropriate jurisdiction.