Just read a great article here (http://bit.ly/3sPZ5r) about 12 common estate planning mistakes. I would add the following to the list:
13. Having a living trust and failing to change your beneficiary designation on life insurance and contingent beneficiary on your retirement accounts to the trust (when advisable)
14. Only appointing guardians of your minor children for the long-term (the short-term implications can be frightening if not planned for properly)
15. Not naming enough “backups” for fiduciary, guardianship, and conservatorship positions
16. Not planning properly for uncommon children after a second marriage
Do you find any of these surprising? What additional items would you add?