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Estate planning is a critical task, especially for young families looking to secure their future. However, it’s a process that can be riddled with potential pitfalls. From procrastination to the lack of communication with loved ones, young families often fall into common traps that could have serious implications down the line. This article highlights the five most common estate planning mistakes made by young families and provides practical guidance on how to avoid them. By understanding these missteps, you can navigate estate planning more effectively, ensuring your family’s financial stability and peace of mind.