Estate planning isn’t just for wealthy people – everyone needs basic documents to protect their families and assets.
At minimum, you need a will, power of attorney, and healthcare directive.
Without a will, the state decides how your assets are distributed, which may not match your wishes.
Life insurance becomes especially important when you have dependents who rely on your income.
Review and update your beneficiaries on all accounts regularly, especially after major life changes.
Consider setting up trusts if you have minor children or complex financial situations.
Estate planning ensures your loved ones are taken care of and reduces stress during difficult times.
6 Common Estate Plan Mistakes to Avoid: Pitfalls & How to Steer Clear
