Estate planning is somewhat intimidating to many people. To them, estate planning conjures up images of gated mansions, summer cottages, jet-setting adolescents, and chauffeured limousines. That image is simply the product of the financial services industry.
In reality, estate planning is nothing more than taking the necessary steps now so that your loved ones will be taken care of in the event of your incapacity or death.
It's about making sure that your children will be able to attend the right schools, will get the right education, and will be raised by the right people. It's about making sure that your money and property are used for their benefit until they're able to manage it on their own. And, it's about making sure that your money and property are not wasted simply because of your death or disability, particularly through estate taxes, state death taxes, probate fees, and attorney's fees.
Estate planning doesn't have to be intimidating, or time-consuming, or costly. All you really need is someone you care for - and love.
To learn more about estate planning, we've included a list of Frequently-Asked Questions (FAQs) that will answer many of your questions.
To get started on your own estate planning, we've included a section entitled "Getting Started."