At some point in our lives, we may think about what will happen to our assets and belongings when we pass away. This is where creating an estate plan comes in. Here are some common reasons why people decide to create an estate plan:
1. To ensure that their assets are distributed according to their wishes.
2. To minimize taxes and avoid probate
3. To appoint a trusted individual to manage their affairs if they become incapacitated
4. To provide for their loved ones, including children and pets
5. To support charitable causes they care about
Creating an estate plan can provide peace of mind knowing that your wishes will be fulfilled and your loved ones will be cared for. If you're considering creating an estate plan, you must talk with an experienced attorney who can help guide you through the process and ensure your plan is legally valid.