Many people think they don’t need an estate plan if they don’t have a large estate. They are wrong.
There are four main reasons you need an estate plan.
1. To determine who gets your stuff when you pass away.
2. To name the people you want to raise your kids if you can’t.
3. To nominate one or more person to take care of your finances if you can’t, and
4. To make health care decisions for you if you can’t.