Estate Planning

Estate Planning: The Basics

Estate Planning: The Basics

Estate planning is setting up a framework for directing your affairs and assets after you have either become incapacitated or passed away. You are trying to ensure that:

  • Your wishes are honored (assets, healthcare decisions, legacy)

  • Your children/dependents are cared for by designated people

  • Your estate avoids the probate process to preserve privacy and minimize legal fees

  • Estate taxes (if any) are minimized.