But, an estate plan is about much more than property. Estate planning is used to determine who will care for your minor children if something happens to you. It is also used to make important decisions in advance about the care you will receive at the end of your life and who will speak on your behalf when you are unable to do so.
Do not let a lack of (perceived) wealth stop you from estate planning. No matter how much money you have, having an estate plan will make things easier for you and your family. An estate planning attorney can guide you through the process of creating an estate plan that meets your unique circumstances. Reference: Wills, Trusts & Estates Prof Blog (Oct. 21, 2016) “Survey Reveals Helpful Insights for the Future of Estate Planning.”
