Published on HUFFPOST
By Monica Torres, March 8th, 2022
These attorneys have seen it all, and they want you to avoid these costly legal and financial problems for your family’s sake.
Your last will and testament is one of the most important legal documents that you will ever make. It allows you to direct where you want your property, guardianship and debts to go after you die, and allows you to appoint an executor to act out your wishes.
But too many Americans don’t have a will right now. According to a Caring.com survey of 2,500 Americans in 2020, two out of three adults don’t have a will despite the pandemic. Procrastination and the belief that they don’t have enough assets to leave someone were the top reasons people gave for not having made one.
Beyond not making a will at all, here are the biggest mistakes estate planning attorneys see clients make. Some answers were edited for clarity and length.
The fact of the matter is that almost everyone over the age of 18 needs some estate planning documents. It may not be anything fancy, but having documents can spare your family a lot of financial and emotional suffering at a time that may already be trying.
Eido Walny, Founder, Walny Legal Group
