Why Attorneys are Essential in Avoiding Costly Mistakes in Estate Planning

Sunday, 31 March 2024, 14:20

In the world of DIY estate planning, the implications of mistakes can be financially significant. **Liz Weston** advises considering a professional attorney's expertise to review your trust every five years. Don't underestimate the potential consequences of errors in estate planning.
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Why Attorneys are Essential in Avoiding Costly Mistakes in Estate Planning

Importance of Legal Review in Estate Planning

In the realm of DIY estate planning, it's crucial to seek legal advice to prevent costly mistakes. If errors occur, the financial impact could be significant. Trusts, wills, and inheritance plans must be reviewed regularly to ensure they align with your wishes.

Expert Opinions Matter

Liz Weston **stresses the importance** of having an attorney review your estate plan at least every five years. Their expertise can help avoid potential pitfalls that could jeopardize your beneficiaries' future.

  • Regular legal checks are essential
  • Mistakes can result in financial consequences
  • Expert advice provides peace of mind

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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