When should I start estate planning?
It's generally recommended to start estate planning as soon as you have assets or dependents. This ensures your wishes are honored.
What specific documents do I need for estate planning?
Key documents include a will, power of attorney, and healthcare proxy. These help manage your affairs and healthcare decisions.
Can I do estate planning on my own?
Yes, you can, but consulting with an estate planning attorney can help ensure everything is legally sound and comprehensive.
What happens if I die without an estate plan?
If you die without an estate plan, your assets will be distributed according to state laws, which may not align with your wishes.
How often should I update my estate plan?
It's wise to review and update your estate plan every few years or after major life events, like marriage or the birth of a child.
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