Eight Common Estate Planning Mistakes

Have you avoided the eight most common estate planning mistakes? Your family will thank you.

A Latino couple is in a meeting with their financial advisor. They are devising a financial plan at their kitchen table.
(Image credit: Getty Images)

Estate planning mistakes can upend your best efforts to protect your family's finances after your death. Everyone can benefit from an estate plan, a process that entails getting your financial affairs in order so that your assets and possessions get passed on to the people or organizations you want to inherit them. 

Having a comprehensive estate plan will also spare your loved ones the pain and expense of determining how to allocate your money and property while they’re grieving your loss.

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Daniel Bortz
Contributing Writer, Kiplinger's Personal Finance

Daniel Bortz is a freelance writer based in Arlington, Va. His work has been published by The New York Times, The Washington Post, Consumer Reports, Newsweek, and Money magazine, among others.