Far too many people overlook the importance of having an estate plan in place. After one’s passing, the lack of any designations for assets can have a negative ripple effect that can even travel down to family members and loved ones.
This may become far more common in coming years as the baby boomer generation continues to age. It’s approximated that about 41% of their generation does not have a drafted will in place. Even beyond drafting a will, there are a number of estate planning documents that are vitally important