Planning an estate is one of the most important decisions you can make for yourself and for your family members. Despite its importance, estate planning is often considered a low priority by many people, even as they age. Creating a proper estate plan can make the difference between having your assets and other property distributed as you wish, versus having a court make decisions that may not reflect your intentions. It’s never too early to begin to plan, and people who do so early on have the advantage of becoming more knowledgeable about estate laws over time.
Your “estate” consists of all property owned by you at the time of your death, including:
Regardless of your age, or the size and complexity of your estate, an estate plan can accomplish the following:
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