Estate planning is one of the most consequential financial decisions a family will ever make — and one of the most frequently neglected.
Mistake 1: Treating the will as the only document that matters.
Mistake 2: Failing to update documents after major life events.
Mistake 3: Underestimating estate tax exposure.
Mistake 4: Using a single trust when multiple structures are needed.
Mistake 5: No succession plan for a family business.
Mistake 6: Ignoring international complexity.
Mistake 7: Not communicating the plan to family members.
MC
Meridian Capital Research
March 28, 2026