What is Estate Planning?

Nation Wide estate planning is the process of considering all alternatives regarding :

• How to avoid probate.
• How your assets will be managed for your benefit if you are unable to do so.
• When certain assets will be transferred to others, either during your lifetime, at your death, or sometime after your death.
• To whom those assets will pass.
• Establishing arrangements that will meet your objectives if something happens to you or those you care about.

Estate planning typically minimizes potential estate taxes and fees, establishes contingency plans regarding your health care treatment and management of finances if you become incapacitated, itemizes how you want your property distributed when you di, as well as provides for the care of your minor or disabled children. You ought to have an estate plan if :

• You are the parent of a minor or disabled child.
• You have a property that you care about.
• You care about your health care treatment.