The Importance of Estate Planning
Let me start by asking you a really personal question.
Do you have a will?
If you have children, there is a good chance you have at least done some basic estate planning. This usually involves answering the following questions:
- Who will gain custody of your children in the event that something happens to both you and your spouse?
- How will your children be provided for once you are gone?
- Who will make important decisions regarding your estate?
- What will happen to any possessions you own?
Though none of us really likes to plan for our death, the truth is that it will happen to all of us one day. Therefore, it is to our advantage to plan well.
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