This grim topic deserves your attention. If you haven’t made plans for what will happen after you die, your loved ones will have to pick up the pieces.
Here’s the nice part about this serious subject: once you have created an estate plan, you will have a clearer understanding of what the future will hold for your heirs. You’ll know that you did the right thing, and that you didn’t just leave the ones you love to clean up a mess. That’s just one reason to have an estate plan.
If you need more reasons, here’s what happens if you don’t have a plan, as recently outlined in The San Diego Tribune’s recent article, “6 estate-planning mistakes to avoid.” Without an estate plan, everything is more stressful and expensive. Let’s look at the top six estate-planning mistakes that people need to avoid: