Typically, splitting up money in your will isn't that hard. If you have $600,000 and three children, you can just give them all $200,000 and be done with it. However, things can get a bit trickier with items that hold sentimental value. You have to determine what each item is worth to each person, even if the monetary value is just about nothing.
We've talked a lot about why Florida residents need estate plans--those legal documents protect you and your heirs, and their benefits often begin during your lifetime. But estate planning documents such as trusts and wills can be complex. Can mistakes derail the progress and protection you think you've made? Yes, errors or failure to consider important matters during the estate planning process can cause issues later.