What is Estate Planning?

Estate planning is the process of anticipating and arranging for the distribution of an estate during a person’s life. Estate planning typically attempts to ensure that a person’s wishes are carried out, avoid conflict due to ambiguity, eliminate the delay and expense of probate, and maximize the value of the estate through strategic tax planning. The ultimate goal of an estate plan, however, is always determined by the specific goals of each client, and may be as simple or complex as the client’s needs and desires dictate.