Many people think estate plans are only for the very wealthy, but that is simply not true. If you have a home, investments, savings, or life insurance, then you need an estate plan. Your estate is more complicated – and potentially more valuable – than you might realize. Every spouse, parent, grandparent, business owner, and professional person can benefit from an estate plan.
This guide provides an overview of the things you should consider when making an estate plan. When you are ready, consult with professionals who can guide you through the process, provide you with options that suit your individual situation, and advise you on the legal, tax, and financial implications of your choices.