What are some common mistakes to avoid when writing a will?

On Behalf of | Aug 24, 2019 | Estate Planning

Whether you find yourself nearing the end of your life or you simply wish to lay down safeguards in case of unpredictable circumstances, a last will and testament is a good way to invest in the future of your family by ensuring your assets go to the right people after death. There are a lot of things you will want to cover in your will, and it is important to be mindful of come common mistakes Floridians have made in writing theirs, so you might avoid making the same missteps yourself.

Failing to discuss plans

 While you may think that leaving your wishes in writing is enough, HumanGood points out that it is important to make sure that your heirs will benefit from what you are leaving them. For example, an inheritance may disqualify someone from receiving certain government benefits that they depend on. So make sure you are aware of what the implications will be by talking it over with the people you are considering including in your will.

Putting burial wishes in the will

 While it may seem like common sense to put every postmortem wish in your will, the problem is that a will may not be read until some time after your funeral has already happened. That’s why it is important to communicate any burial wishes outside of your will.

Contradicting account beneficiaries

 If you have an insurance policy or financial account, any named beneficiaries will override what you put in your will. Make sure you keep these designations in mind when you decide on how your other assets will be distributed.

This article is meant to inform you about common will writing mistakes and is not a form of legal advice.