If you have people in your life you care about, you need an estate plan. An estate plan can help you manage the uncertainties that arise after death. It will provide your family with privacy, control, and flexibility at a time when they need it most.
An effective estate plan will allow you to give more money to your loved ones with less money spent on taxes, court costs, and legal fees. Not only will an estate plan save you time and money, it can provide you with the flexibility to distribute your wealth on your own terms.
To understand why estate planning is so important, it's helpful to understand what actually happens to your assets when you die without an estate plan.