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The Free Financial Advisor
The Free Financial Advisor
Brandon Marcus

Here Are 5 items Missing From Your Will That Will Haunt Your Inheritors

Here Are 5 items Missing From Your Will That Will Haunt Your Inheritors
A will may not control retirement accounts, insurance policies, jointly owned property, or certain beneficiary-designated accounts, making a broader estate plan worth reviewing – Shutterstock

A will can tell your family who gets your property, but it does not automatically solve every problem waiting for them after your death. Some assets follow beneficiary forms, some accounts follow ownership rules, and some pieces of your life exist almost entirely behind passwords and screens.

That creates an odd estate-planning problem: a perfectly respectable will can sit in a folder while your heirs hunt for the information they actually need. The National Institute on Aging recommends keeping important financial, legal, insurance, and account information organized in one place for exactly this reason.

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