Estate planning protects you, your loved ones and assets, and is relevant at every stage of life. It’s about leaving a legacy that will keep your loved ones secure in their future and ensuring your wishes are carried out in the way you intended.
It can be difficult to think about end of life or being incapacitated, but estate planning is not about your mortality – it’s about protecting what you worked and sacrificed for – your legacy.
Documenting your wishes now, means leaving less to chance once you are gone. It also ensures that your loved ones are not left to deal with unintended tax or legal difficulties.
A will is not an estate plan, it’s only one part of an effective estate plan. Your estate plan will also include considerations such as powers of attorney, advanced care directives, testamentary wishes and guardianship of any children.