Wednesday, March 1, 2017

What Is Estate Planning?

Most people think of estate planning as just deciding who gets what when.  But, planning is much more than just deciding who gets what.

Planning is as much about protecting your rights, your family, and your assets during your lifetime as it is about making final gifts.

Estate planning is about protecting your fundamental rights.  Your right to make your legal, financial, personal, and healthcare decisions your way.

Planning is deciding now what will happen tomorrow.  You may not be able to predict tomorrow’s circumstances, but you can choose now who will be there for you and how your decisions will be made.

An estate plan is about protecting your dignity and your right to make choices.  It is also about deciding who gets what and when instead of letting the state make those choices.

If you do not make your complete estate plan, you are putting yourself in a position where your basic, fundamental liberties you now enjoy can be taken away by complete strangers.  Those strangers will ultimately have control of your choices, decisions, rights, and assets.

The post What Is Estate Planning? appeared first on DeWitt Law Firm, PLLC.



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