Why Most People Need an Estate Plan

Wills and Trusts are not only for very wealthy.  The article published on smartmoney.com and titled "Why Most People Need and Estate Plan" describes the reasons why everyone needs an estate plan.  The plan need not be elaborate and sometimes can be accomplished by using do-it-yourself software.  However, it is always a good idea to consult an attorney to make sure that your intended plan survives you and is in compliance with state laws.  For the individuals with minor children it is important to name guardians.  It is always a good idea to make you intentions are known to eliminate any possibility of family discord after passing.