Arranging your affairs and estate (assets) whilst you are still alive is paramount to ensuring that the power of distributing them is in your hands. Estate planning allows the individual to plan, and distribute their estate according to their needs and wishes in the case of death, incapacitation, coma, or disappearance.
Establishing a well-thought out estate plan allows you to explain the settlement process upon death, until estate distribution. In this matter, you can also be reassured that your loved ones are cared for, even after your death.
Having an estate plan will also help you to decide who your beneficiaries are, enable them to receive your assets as well as to what extent, while protecting your estate from unwanted parties.
