Category: Real estate purchase agreement

3 Smart Benefits of Having an Estate Plan

If you don’t have a will or estate plan, you’re not alone. Experts estimate that 55-70% of those living in the United States don’t have either an estate plan or will. Considering that, you’ll want to learn how important it is to plan your estate. With that in mind, here are three benefits of having an estate plan.

  1. Having Control Over Your Estate
    One of the main reasons to plan your estate is to control who receives your wealth and belongings after you pass away. You’ll also be able to control how much of your estate each person receives. If you’re living a busy life, it’s understandable to want professional help with this situation. Many people contact estate planning lawyers for help with creating and adjusting an estate plan. A recent study found that 39% of clients plan their estate to protect children from mismanaging their inheritances. If you create an estate plan, you’ll be able to control how much your children get and when they’re able to rec

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