Estate Planning is not merely about a set of dry, legal documents. In the simplest possible terms, Estate Planning is the process by which you ensure your assets and health are well-managed in the event of incapacitation or death. The real focus is on people – you, your family, and other loved ones. It helps to understand why we put together comprehensive estate plans. Too many people think that Estate Planning only pertains to senior citizens or only to wealthy individuals. However, both are misconceptions as adults of all ages can benefit from Estate Planning no matter their financial situation.

Every adult, regardless of age, condition, or wealth has an estate. Some estates involve real estate, investment accounts, children, and more, while others only involve relatively modest savings and checking accounts. However, an estate plan can do so much more than simply pass on your assets and property if you pass away. Many aspects of an estate plan are critical, whether you have any assets or not, as they address issues that may arise. At the same time, you are still alive instead of after death, an estate plan also protects your family from losing a significant portion of your life’s work to taxes. Lastly, Money is not the only thing an estate plan saves you, though; if well-designed, an estate plan also protects you (and your family) from irreparable conflict and taxing emotional labor.