Nobody wants to think about their death. It is not an enjoyable idea to consider, and it is even less pleasant to discuss. Even though the topic is never fun, it is important that you begin planning for your family’s financial future as early as possible. Having a sound and solid estate plan can help you and your family have peace of mind by knowing that the future is well planned for. Here are some common estate planning mistakes that people make:

1. Not Having an Estate Plan

Statistics show that more than half of Americans have not made a will or plans for their finances after they die. Estate planning is not just financial planning--you are also planning for your own health and well-being. It also means that you are providing your loved ones with an organized inheritance and less stress when your time comes.