The term “estate planning” is a legal process to pre-arrange the way your property, money and assets are distributed to family and loved ones after you have passed on. It also addresses those plans if you are ever unable to care for yourself and make sound decisions. You can determine at what amount and to whom your assets will be distributed in order to prevent destructive conflicts among your family.
The entire process of estate planning can be a confusing and time consuming ordeal to those who may not fully understand it. At GMD Offices, we have years of experience to ensure this situation is much easier for you and your loved ones. In short:
When to Set Up an Estate Plan
It’s never too late or too early to plan and take steps to protect your estate and assets in the event of your death or inability to communicate your further wishes due to injury or illness.
Save your family the burden of having to separate your estate after your death or allowing it to fall into the wrong hands or be wrongly claimed by creditors.