Why Is Estate Planning Important?

Estate planning is crucial for everyone, regardless of the extent of your assets and liabilities. By working with a lawyer in Tracy at Bakerink, McCusker & Belden, you can protect your estate for your heirs . If you die intestate, or without a valid will, your assets will be divided according to state laws, regardless of what your wishes may have been. If the court cannot determine who the proper heirs may be, the state can simply seize your assets, leaving your preferred beneficiaries with nothing.

You can hear more about the importance of estate planning by watching this video. This financial advisor discusses the benefits of working with an estate planning lawyer from a tax standpoint and explains some of the financial documents you should have in order.