The little mistakes are what frequently cost families the most money.
While people and the media often focus on big picture mistakes, it turns out that small errors are the biggest problems in estate plans, according to the Pauls Valley Daily Democrat in “Oversights can cost your heirs money.”
For most people, minor mistakes such as not having enough witness signatures on a will or not having the magic legal words in a trust document are what makes estate planning go awry. The law can be extremely formal at times and minding all of the little details matters.
If things are not done precisely right, then all the proper planning in the world can be undone with the stroke of a judge’s pen.
Fortunately, there do not have to be any minor oversights in your estate plan.
An estate planning attorney can guide you through the details of creating an estate plan that meets your unique circumstances.
Reference: Pauls Valley Daily Democrat (Jan. 25, 2017) “Oversights can cost your heirs money.”
