When it comes to legacies and estates, people most often leave land and property to their loved ones. According to Bloomberg, nearly 70% of those who own land want to leave real estate to their heirs. This seems like a clear enough plan, but various circumstances can muddy the waters and lead to confusion. Here are three mistakes individuals make that can prevent an easy and worry-free process.



1. Procrastination

In nearly every situation, within the legal system or otherwise, procrastination will negatively impact results. It's wise to organize your estate well in advance, just in case something unforeseen prevents you from managing it in the future. Don't run that risk; set a plan sooner rather than later.

2. Planning on Your Own

Finding support for your estate is recommended unless you happen to work in the field yourself. Without an estate lawyer guiding you, you could make a serious mistake that nullifies the entire plan and makes things extremely difficult for your heirs. Seek legal counsel as soon as you start the process to ensure no errors are being made. These attorneys can keep track of your belongings and help to distribute them properly.

3. Missing Key Documents

Be sure to collect important documents, like deeds, tax information, and other certificates, for your estate lawyer as soon as they request them. The absence of specific legal materials will cause the process to lag and potentially stop your loved ones from receiving anything at all. A lawyer will point out the documents you need, but they need to be brought into the conversation in the beginning. Documents may also include certain digital assets, like social media profiles or cryptocurrencies.

Estate law is very complex, and people often need help to decide which path is best for themselves and their families. A lawyer can lend you a hand by offering support and being a resource for any questions you have. They'll be able to clarify laws or regulations you don't understand and lead you towards an easy process. As a result, you'll feel confident about what happens with your legacy and your family.

Are you looking for an estate lawyer who can help you avoid these mistakes when planning your estate? Hamilton Law Office, P.C. can provide advice in any situation using our 20+ years of experience. Contact us today to learn more.