The 20 Biggest Financial Mistakes Retirees Make

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Not Creating A Will

This is something that everyone should have no matter how much you don’t want to think about it. If you do not leave a will, it will make life difficult for your family.  If things aren’t laid out in plain English as to how your estate and money will be divided then there is a 100% chance something will go wrong.

Make sure that your loved ones have several copies of the will and make sure that the language in the document is clear, legally binding, and leaves no questions as to who gets what.   Be sure to outline precisely what you want to do for all of your assets including property and loose valuables.  We highly advise you see out an estate lawyer for this.