Erica Hancock: Messed laid plans - five estate-planning 'red flags'

Key errors to avoid

clock • 4 min read

Many people are, unfortunately, still less comfortable with the idea of estate-planning and will-writing than they are with other types of financial planning, writes Erica Hancock

Perhaps this is because they feel the information they need is difficult to find, hard to understand or uncomfortable to think about. Whatever the reason may be, because a lot rests on this type of planning, it is just as important to get it right for your clients and their families. With this in mind, as a wills and probate practitioner, I wanted to raise some red flags we commonly come across in our day-to-day work. Failing to have a plan While there is a plan for where people's estates pass if they do not have a will (intestacy), this is not necessarily the plan your clients may hav...

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