Let's face it, Fools. There are certain things we must do to protect our family and our wealth. We don't like thinking about it very often, but think about it we must. We will die. When we do, unless we have prepared for that inevitable result, we may create needless heartache and loss for those we leave behind.
Estate planning is appropriate at any stage of life.
It's particularly appropriate as we prepare for retirement. Therefore, let's take a quick look at things we must consider. It's no secret that every adult needs a will. Die without one, and the state decides what happens to your property. Rarely will the state's mandate follow what you would do if you had the opportunity to act.