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Kiplinger
Kiplinger
Business
Walt West

EXPLAINED: Don t have an estate plan six things that could go very wrong | Rare Historical Photos

An older man holds a hand to his head in shock as he looks at paperwork while sitting on his sofa.

Knowing you’re able to leave behind a legacy for your loved ones is a wonderful feeling. And many people, especially those in the later stages of retirement, think about it a lot.

But that doesn’t necessarily mean they’ve taken steps to put those thoughts into action. Some of the most caring and conscientious people I know have somehow managed to avoid even starting the estate planning process.

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