Estate planning is often associated with the division of your
assets, and this is certainly a key component. It’s typically accomplished, for
the most part, by drafting a will, which is the foundation of an estate plan.
With a valid will, you determine who gets what. It can cover everything from
the securities in your portfolio to personal property, such as cars, artwork or
other family heirlooms. In contrast, if you die without a will (referred to as
dying “intestate”), state law will control the disposition of your assets. This
may result in unintended consequences. Contact us with any questions.