You may be surprised to hear it, but many Americans do not have an estate plan. If you worry that your parents may be in this crowd, you may want to have a conversation with them. Before you embark on the talk, however, Business Insider warns that there are mistakes...

A will is an essential estate planning document that outlines how to distribute your assets after your death. It also lets you designate guardianship for any minor children you have. Although having a will is important, a survey performed by Caring.com discovered that...