16 Big Estate Planning Mistakes Clients Make: Advisors' Advice

(Related: 14 Big Social Security Mistakes Clients Make: Advisors' Advice)

For advisors, estate planning often is a matter of cleanup. Clients may have made estate plans through attorneys or other specialists and then turned to their advisor, perhaps years after the plan was made. Many factors come into play, not just selecting a beneficiary or trustee. How an estate plan is set up, and updated, are important to successfully carrying out the plan for all parties. We asked advisors about some of the key mistakes they've seen in dealing with estate plans. We got a huge response through the Financial Planning Association and the XY Planning Network. We only can present some responses here, but appreciate all the interest and comments we received. We've pulled from representative responses on various issues. See the above gallery for those responses. --- Related on ThinkAdvisor:

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• 10 Mistakes Investors Make Without Advisors