Estate planning is a crucial aspect of financial and legal planning that many people overlook. In this article, we explore the importance of estate planning and why everyone should have a comprehensive estate plan in place.
Estate planning involves creating a set of legal documents that outline how your assets will be managed and distributed after your death. These documents typically include a will, which specifies how your property and assets will be distributed, as well as other important documents such as a power of attorney, healthcare directive, and trust.