Many people mistakenly think that estate planning involves only the drafting of a last will and testament. However, estate planning involves financial, business, tax, and medical planning. Estate planning can help you determine:

  1. How and by whom your assets will be managed for your benefit during your lifetime if you ever become unable to manage yourself or your affairs.
  2. When and under what circumstances it makes sense to distribute your assets during your lifetime.
  3. How and to whom your assets will be distributed after your death.
  4. How and by whom your personal care will be managed and how health care decisions will be made during your lifetime if you become unable to care for yourself.