The biggest estate planning error is failing to have a plan. Studies have shown this is a common lapse. Read on for a list of 5 other common estate planning mistakes. Also, the following quote from the article really rings true! "Plenty of websites can set you up with a will, but these 'do-it-yourself' tools have myriad limitations. And, of course, you might never know if something's wrong with planning by this means — but your heirs eventually may."

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