The 5 Biggest Mistakes People Make Without an Estate Plan

Estate planning is one of the most important steps you can take to protect your family and legacy. Yet, many people delay or avoid it altogether—leaving their loved ones vulnerable to confusion, court battles, and unnecessary expenses. In this post, we’ll explore the five most common mistakes people make without an estate plan and how you can avoid them.

1. Not Having a Will or Trust

The biggest mistake is having no plan at all. Without a will or trust, the state decides how your assets are distributed, which may not align with your wishes.

2. Forgetting to Update Documents

Life changes—marriage, divorce, new children, or new property. If your estate plan isn’t updated regularly, it may not reflect your current situation.

3. Not Naming a Guardian for Children

Parents often overlook naming a legal guardian for their minor children. Without this, the courts will decide who cares for them.

4. Ignoring Powers of Attorney

Estate planning isn’t just about death—it’s also about what happens if you’re incapacitated. Without powers of attorney, your family may struggle to make financial or healthcare decisions on your behalf.

5. Thinking Estate Planning Is Only for the Wealthy

One of the biggest myths is that estate planning is only for those with large estates. In reality, everyone needs a plan, no matter the size of their assets.

How Sword & Shield Can Help

At Sword & Shield Estate Planning, we make it simple and affordable to create wills, trusts, and powers of attorney. Our goal is to give you peace of mind knowing your family will be cared for and your wishes honored.

Conclusion

Estate planning mistakes can be costly—not just financially, but emotionally for your loved ones. Don’t leave their future to chance. Start your estate plan today and secure the legacy you’ve worked so hard to build.

Ready to avoid costly mistakes? Contact Sword & Shield Estate Planning today and protect your family’s future with confidence.