Whether you have much or little, estate planning is essential because it involves taking steps to ensure that your hard-earned savings pass to whom you want, when you want. It is a way for you to ensure that your loved ones will be provided for after you pass away.

 

The best estate planning eliminates uncertainties over the administration of a probate and maximizes the value of the estate by reducing taxes and other expenses. It allows you to be the one in control and enables you, rather than the state, decide who receives your property.

 

In addition to a will, most estate plans include a Power of Attorney, and a Healthcare Power of Attorney. These documents are important to have because they ensure that if you are still alive but unable to manage your affairs, the person you designate is able to make decisions on your behalf. This also means that your family will not have to go to court to be appointed conservator in such a situation, saving you in time and expense.

 

Contact Pickler Law for expert counsel in estate planning today.