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McCurrie McCurrie
& McCurrie, L.L.C.

680 Kearny Avenue
Kearny, NJ 07032-3010
Phone: (201) 467-4180
Fax: (201) 997-9567
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Estate planning errors, DIY wills can have unintended effects

Estate planning might seem like a confusing, time-consuming task for some people. They might ask why they need to do it, and what they all should do to formulate a plan. If they make a mistake, they might assume their heirs will just take care of straightening out the details.

However, it is important to remember that these documents can have very real legal impacts. If a document is worded to loosely, or inaccurately, a person's wishes might be misinterpreted or not followed. This can have a devastating effect on the person's estate, which comprises all of the assets they have accumulated in their lifetime.

Family members might be confused by their loved one's will or trust if they aren't worded clearly. Speaking with an experienced estate planning attorney can help a person in New Jersey understand the process of planning and what they need to do to have a complete estate plan.

Although some people may want to prepare their own wills and trusts, documents found online can sometimes be too generic for some estate plans. It is important that an attorney understands the details of estate planning and what difference one word can make in these crucial documents.

Letting wishes be known to loved ones is also part of estate planning. This can help the loved ones divide assets with intention and help reduce the likelihood of conflict between heirs. The passing of a loved one is already a difficult time for many individuals, and not having a clear estate plan can make these times even tougher.

Source: Fox News, "Duck Estate Planning Fiascos Before It's Too Late," Sheyna Steiner, May 13, 2013

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