It’s natural to have concerns when creating your first estate plan. You want to get everything right, but you’re also stressed out over all the decisions you have to make.
While you don’t want the process to drag on, it’s critical to take your time to ensure that you make the right decisions along the way.
Here are some of the most important questions to answer when creating your first estate plan:
No two people will answer these questions in the exact same way. For example, you may be primarily interested in creating a will, while another person wants to add most of their assets to a revocable living trust.
As you answer these key questions, you’ll come to better understand what to include (and not include) in your first estate plan.
Although it can be frustrating and stressful to move through the process, once you create an estate plan it’ll give you and your loved ones greater peace of mind.