What is Estate Planning?
Estate planning is the process of making the legal and financial arrangements necessary to manage your assets while you’re living, care for yourself and your loved ones if you become disabled, and ensure your assets are distributed in the way you wish upon your death. Estate planning should reduce the stress and uncertainty of administering your assets following death, and maximize the value of your estate by reducing taxes and other expenses.
The achievement of your goals with regard to your estate plan requires consideration of your specific family situation and specific financial situation. There is no “one size fits all” approach to estate planning.
We invite you to read our blog for more specific estate planning information. Some of our blog posts relating to estate planning include:
Call Schmidt, Kirby & Sullivan, P.C. to speak to an estate planning attorney who can help you develop your best plan.