Estate planning is something everyone should do, regardless of income level. While it's something many like to avoid, it's important to have a plan in place to determine who will receive your assets after you die. The following list shows the reasons to consider estate planning:
Death is an inevitable part of the circle of life. It is the one thing that no one can avoid. Rather than leaving your family in dire straits, it is prudent to plan ahead by drafting a will. Most people think that wills are merely to ensure that their assets are distributed evenly, but having a will in place can do so much more.