FAQ:

What is Estate Planning?

For many people, the word “estate” conjures visions of a mansion on the English countryside, including all of the trappings of wealth and decadence. Since most of us don’t have an English mansion or decadent wealth, we assume that “estate planning” is for someone else. But the word “estate” simply refers to all of your property, including real estate, investments, bank accounts, business interest, life insurance, retirement accounts and personal property.

While you are alive and well, you are in control of the property you own. But if you pass away or become incapacitated, someone else needs to be given authority to control and distribute your property to your family and loved ones. Estate planning is pre-arranging for authority and control of your assets to pass to the right people, in the right way, at the right time with a minimum of expense and red tape.

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