How would you like to ensure your needs, wants, and wishes are met, even if you are not here to see them through? Not only could a good estate plan mitigate one of the biggest taxes a family could ever face (federal estate tax), but it can also ensure assets are passed on to their intended beneficiaries and distributed in a manner consistent with the directives of the estate plan.
For families raising young children, a proper estate plan means having clear guidance and legal documentation on guardianship in the unimaginable event that the parents predecease the child along with a stable funding plan to ensure the financial needs of the child are met.
