Avoid These Estate Planning Mistakes

You save and invest to meet a variety of goals during your lifetime: college for your children, long vacations, a comfortable retirement, and so on.

But you probably also want to leave something behind – to your loved ones and, possibly, to the charitable organizations you support. To do so, you’ll need to develop a comprehensive estate plan, but to make that plan work, you must avoid some common mistakes.

Here are a few of these pitfalls you’ll want to avoid:

• Not writing a will – If you were to die “intestate” – without a last will and testament – the state in w...