Do I have anything to protect?

In estate planning, the word “Estate” just means your assets.  It doesn’t matter if they’re worth $100,000 or $100,000,000 – if you have assets, you need to plan for them.  You need to decide who will manage them if you can’t and who will benefit from them after you.

Your assets include your:

* real estate
* checking accounts
* savings accounts
* cars and other motor vehicles
* retirement accounts
* investment accounts
* life insurance
* personal property (ex: furniture and art)
* personal effects (ex: jewelry and clothing)

Although it may seem strange to think of them this way, your children are significant assets—and you need to give considerable thought to who will take care of them if something happens to you before they reach age 18.

For the vast majority of people, their home, their retirement plans, their life insurance and their kids are the focus of their estate planning.  If this list covers the bulk of your assets, Practical Plans is for you.

For most people, an effective estate plan can be created through this web site at a fraction of the cost of estate planning through a law firm.