What Is Estate Planning?
Because life is so uncertain, everyone needs to have an estate plan in place. The purpose of your estate plan is to ensure your wishes are honored and carried out in the event you become incapacitated or pass away. Your estate plan will appoint someone to make health care or financial related decisions for you if you are unable. Your plan will also outline your wishes for how your legacy should be carried out and your assets distributed.
Failing to plan early could mean your loved ones not receiving the care you intended, as well as much of your wealth being wasted on court and attorney fees.