Estate administration can be riddled with difficulties when family members don’t get along. However, these problems can be exacerbated if the deceased fails to leave clear instructions in his or her estate plan.
In this satirical article from Parksville Qualicum Beach News, the top ways to create family feuds through improper estate planning are outlined. Playing on common errors in will drafting, tax planning and
allocating assets, this “top ten” list highlights the major mistakes that can create significant rifts between your heirs after you pass. The article forgets to mention an 11th way to cause estate administration problems: failing to purchase executor insurance.
Full story at Parksville Qualicum Beach News.