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When To Start Planning Your Estate

Full Video Transcript

You can start planning your estate at any time. Typically though, most people don’t begin to draft their will or establish a trust to hold property until the big things in life happen – like getting married, buying a home, having children, or starting a business. If you don’t plan your estate, though, then state law will determine how your assets should be distributed in the event of your death, which may not be in accordance with your desires. Also, a good estate planning attorney can advise you about how various estate planning tools can help plan for your financial stability for your later years. Your estate plan will be dynamic as your life changes – so it’s important to find an estate planning lawyer you can have a good relationship with over the years. If you own a house or have recently started a family or a business, contact an estate planning attorney to learn more about what estate planning tools could protect not only your family, but also your future.

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