GETTING YOUR HOUSE IN ORDER

What exactly is an estate plan? Estate planning is a legal term that refers to putting in place a strategy for what and how to disperse your property, plan for your family and much more when you pass. Estate Planning is essential because it includes and protects everything you own, no matter the size. Your estate is comprised of things like your: car, home, other real estate, checking and savings accounts, investments, life insurance, furniture, digital and online accounts, personal possessions, and even pets. Also included in many estate plans are the most important things in your life – how to care and provide for minor children and other dependents. No matter how large or how modest, everyone has an estate and something in common, you can’t take it with you. The more assets and family you have, the more complex your estate plan will need to be. In addition to providing for your loved ones there are also tax and other fiscal upsides that come with a well-designed estate plan that you can benefit from immediately.

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