What is an estate plan or estate planning and why is it important?

Estate planning is the process of arranging for the management and distribution of your assets during your lifetime and after your death. A properly prepared estate plan includes documents that address who will inherit your property, who will manage your finances if you become incapacitated, and who will make medical decisions on your behalf.

Without these protections, your family may face costly court proceedings, delays in accessing funds, and outcomes that do not reflect your true wishes.

Philip J. Kavesh
Helping clients with customized estate planning guidance and trust & estate administration for over 45 years.