Estate planning is one of the most important legal actions you can take in life. Despite the importance millions of people fail to plan their estate before it's too late. That's why so many people pass away without a will, leaving their assets to be divided by the courts. Today, we will discuss the reasons why it is important to have an estate plan in place in Jackson, New Jersey.
One of the biggest benefits of estate planning is that it helps to protect your young children. Parents of young children must plan for the unthinkable. No one plans to die young but it happens for various reasons. Planning ahead of time ensures that your children are cared for by the right people, have money to pay for education and ensures that the courts stay out of this issue.