8 Important Reasons You Should Have an Estate Plan

Below are some of the main reasons why it is important to have an up-to-date estate plan:

1. To designate who will make decisions on your behalf if you are unable to do so yourself
2. To determine who will provide care for your minor children after you are gone
3. To ease the probate or trust administration process for those left behind
4. To provide for a child with special needs
5. To ensure that children from a prior relationship will receive a rightful portion of your assets
6. To attain peace of mind about your family’s financial future
7. To avoid the need for guardianships and conservatorships in the probate court
8. To provide directives regarding end-of-life care