Everyone has an estate. If you own your own home, car, have a 401k or other investments, or even just have a bank account, you have an estate.
Estate planning is the process of organizing your assets in a way that maximizes your financial freedom while you’re alive, and passes those assets to your loved ones when you pass.
Every year, thousands of consumers bypass lawyers and create their own wills, powers of attorney, and other estate planning documents with the help of online tools and books. This breeds mistakes, since when it comes to legal issues, one size never fits all. Without a lawyer, you might not understand the terms. This could have devastating circumstances.
No two people’s situations are the same. An experienced practitioner can ask questions about family circumstances and then draft the will accordingly.