insurance and estate tax

Estate planning encompasses much more than the distribution of cash, real estate, and other assets. In estate planning, there are a number of common mistakes to avoid. Avoid the following errors for a good estate plan:. Procrastination, not taking advantage of unified credit, insufficient life insurance. Estate planning is one of the most significant things you can do for your family. Leaving some wiggle room in your estate plan will allow your heirs to take advantage of any changing legislation.