Top 10 Estate Planning Mistakes

Ensure That Your Estate Plan Truly Protects Your Family and Assets

Proper estate planning is an investment that will protect your assets, prevent problems, and provide peace of mind for you and for your family. However, estate plans can be riddled with mistakes due to improperly structured or outdated plans.

A poorly constructed estate plan will only create costly confusion, encourage disputes, and make life difficult down the road for your heirs. Antiquated plans can be just as problematic. New marriages, new property, a change to a closely held business, new tax laws, more children and grandchildren, retirement income, new investments – the reasons to review and update your estate plan are endless.

Take steps to avoid estate planning mistakes. Initiate the process by receiving our list of the “Top 10” mistakes we see in estate plans in our practice at Spierer, Woodward, Corbalis, and Goldberg.

Inside Our Top 10 List of Estate Planning Mistakes

Protecting Younger Children

Protecting Beneficiary's Inheritances

Planning for Retirement Assets

Special Needs or Unique Circumstance Planning

Trust Protector/Advisor

Planning for Closely Held Businesses

Ability to Remove Trustee

Specific Revocation Provisions

Estate Taxes

A Good Estate Plan Is Valuable

We cannot emphasize how important it is to understand the basics of your estate plan and what it will do in various circumstances. At Spierer, Woodward, Corbalis, and Goldberg, we work with families by integrating estate, business and asset protection tools in order to maximize wealth preservation and minimize taxes and disputes.

For more information, please visit our Estate Tax, Asset Protection and Administration practice area.