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What are the most common mistakes in writing a will?

| Oct 19, 2020 | Estate Planning |

As you draft your last will and testament in Florida, you want to make sure that it is written in the best possible format with minimal mistakes. However, not all mistakes are grammatical.

Many people forget some important aspects of writing a will. Failing to notice these could cause your heirs and executor headaches, and at worst could damn your entire estate.

Not regularly updating the will

The point of having a will is that should you die unexpectedly, your affairs will already be in order. This entire goal is defeated when you fail to regularly update the document.

SmartAsset advises that if you go through a major life event such as having a child, getting married or going through a divorce, you should revisit your will and amend it accordingly. It is also a good idea to take a look at it once or twice a year to double-check if any changes need to be made.

Choosing the wrong executor

It is surprisingly common for people to choose an executor who is untrustworthy or someone who may be trustworthy but does not have the mental abilities to properly engage in the probate process. The ideal executor satisfies both of these requirements. You may need to update who your executor is if something changes or if something happens to the one you had previously named.

Not choosing godparents

If you have children, you will want to ensure they are properly cared for in case anything happens to you. You can and should designate someone you know and trust to be your children’s guardian. You may even want to choose a backup as well.