Estate planning can be a complex process but it is essential in protecting one’s assets. After a lifetime of hard work, the last thing anyone would want is for it to fall into the wrong hands or be wasted on unnecessary expenses. Fortunately, this is the exact purpose behind developing an estate plan.
However, many people overlook its importance. According to LexisNexis, as many as 55% of adults in the United States have no will or other estate plan in place. All of these individuals’ assets will be at risk upon,