Everyone needs an estate plan, no matter the size of the estate. Not only does this plan help carry out your wishes after your passing, but it benefits you while you’re living. A good estate plan includes a strategy to manage your financial affairs and health care decisions in the event that you cannot. It can prove invaluable in easing the administrative burden for your family and friends
Although none of us enjoy thinking about our own demise, we need to prepare financially for what will happen to our money and cherished belongings after we are gone. Unfortunately, not many of us do that. In fact, according to a Caring.com survey, only 4 of 10 American adults even have a will.