What is it?
Estate planning is the process of establishing goals and objectives around the structure, management and distribution of a person's assets both while alive and death. The process can help reduce taxes, reduce fees and court costs, protect from lawsuits and prevent family members from arguing over an estate. Most of all it can provide peace of mind knowing that you have planned well for the future.
Why is it Important?
Estate planning is a complex and confusing area of our lives. It is often one of the last items that people take care of because of procrastination or confusion over what is needed. Now, more than ever, it is important to have a sound estate plan in place. Without an estate plan, you lose control of the distribution of your estate, and you may incur unnecessary costs and taxes.