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Probate law exists to ensure the estates of the deceased make it into the hands of family members. But default inheritance laws are often a poor fit for your situation and don't reflect your desires. The best thing you can do for your family in case of your death is to prepare a will. This will help avoid common estate planning mistakes.

5 Commons Probate Law Mistakes

1. Thinking It Doesn't Apply to You

If you aren't ill or aging, a will may not even be on your mind. Many people avoid estate planning because the idea of death is uncomfortable enough to prevent them from looking ahead. However, ignoring probate law won't protect you from harm, and it may hurt your family if you die unexpectedly and your estate isn't prepared.

2. Doing It Yourself

It's important to start the estate-planning process ahead of time and have an idea what your will should look like. An attorney versed in probate law is still essential to the process. You want your will to be thorough and ironclad, and a lawyer will help you achieve that.

3. Overlooking Assets

For a will to be effective, it needs to include your entire estate. Consider bank accounts, significant possessions, and investments, and don't forget to look up real estate laws in your state to confirm how the marital home will be handled.

4. Not Planning for Incapacity

Probate LawDeath is not the only time a will comes into play. If you have an accident which renders you incapable or old age begins to affect your mental processes, your will should include provisions for your upkeep and who should make decisions on your behalf.

5. Omitting a Living Will

A living will is a document that details your desires for your medical care. Do you want to be kept alive by artificial means? Are there any treatments you object to? This is the place to include those instructions.

 

Estate planning in advance can save your family a great deal of trouble and allow you to express your wishes even after you've departed. Gilbert P. Kaback, Attorney at Law, in Colchester, CT, provides representation in many legal areas, including estate planning. With his thorough understanding of probate law, he’s prepared to help you get your will in order and ensure your family's future. To arrange a consultation, call (860) 537-0874, or visit him online.

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