What is Estate Planning and Why is it Important
What You Should Know About Estate Planning
Every person who has money or owns property that will not be expended or disposed of during his or her lifetime has an estate. Estate planning is simply the process of deciding how such assets will be distributed now or after death. It includes taking steps to insure that decisions are carried out effectively and economically. These steps may involve titling assets, naming beneficiaries, and creating such documents as wills and trusts. In complex situations, more is involved.
