You can do your own estate plan, but should you?

Estate planning mistakes can be expensive to fix — that is, when they can be fixed at all.

That’s the thought that haunts New York attorney Mari Galvin whether she’s creating an estate plan for a client or confronting the aftermath when people didn’t properly plan.

“People think, ‘Oh, I have a simple life,’ but you have to understand (that if) you make a mistake and you have unintended results, you can’t bring the person back to sign a new will,” says Galvin, a partner at Cassin & Cassin law firm.

In my latest for the Associated Press, why trying to save money by doing your own estate planning can cost big bucks down the line.

Wednesday’s need-to-know money news

Today’s top story: Goofed on your tax returns? Here’s what to do. Also in the news: 5 awful reasons to buy a stock, what newlyweds need to know about insurance, and does free shipping make you spend more money.

Goofed on Your Tax Return? Here’s What to Do
Don’t panic.

5 Awful Reasons to Buy a Stock
Be cautious when buying.

What Newlyweds Need to Know About Insurance
Changes you need to make.

Does Free Shipping Make You Spend More Money?
When free shipping gets costly.