LIFE LETTER MATURE
What is Estate Planning?
Estate Planning is deciding what you want to happen after you die, then arranging for it to happen. Sounds easy? It is. But many people don't do it, either because they don't think they'll die, or they don't know how to establish a proper plan.
The effect of this, of failing to plan one's estate, can be that too much goes to taxes and legal fees, and what's left can go to the wrong people. Or worse still, your family is left with debts and not enough money to take care of them in the way you intended.
The first step is to determine your family's financial position today if you had died last night. How would you answer these questions?
These are only a few of the questions that should be asked and answered to properly plan your estate. Because the answer to each question can lead to other questions, have an expert ask them, someone familiar with the problems that death will bring, and who can help you to provide the answers..
Plan Your Estate – because it’s the right thing to do.
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