Establishing a personalized estate plan is very important to ensure your loved ones are protected in the event that you become incapacitated or pass away.
Creating an estate plan is not one size fits all. Many factors determine what type of plan and what documents are right for you and your family. You should consult a qualified estate planning attorney
to review your family and financial situation and best advise you regarding accomplishing your estate planning goals.
Estate planning is not limited to listing on paper whom your assets will transfer to in the event that you pass away. A properly crafted estate plan can also assist with planning for incapacity, providing for minor children, avoiding probate and understanding and planning for estate taxes.
Most times, preparing a proper estate plan today can save your family substantial expense and heartache in the future. Probate and guardianship can be very expensive and confusing. By setting up a proper estate plan, you may be able to limit or avoid the need for these legal procedures.