Although individuals may have a clear idea of how they want to transfer money, possessions or pay off debts of their estate after their passing, certain mistakes are commonly made. Today’s post offers advice on how to avoid common errors.
Recent media coverage has focused on the details of Joan Rivers’ will. Since a will most go through probate and the details of a probate proceeding are generally open to the public, juicy tidbits about the estate, such as its estimated value of $150 million, have been widely circulated.
The approaching holidays mean social get-togethers for many readers with friends, family or loved ones. For some, such gatherings may include blended families, with children from a previous marriage.