When Mary learned that her husband of 56 years was diagnosed with Alzheimer’s disease, she was faced with the reality that John had a terminal disease that is currently the sixth leading cause of death in the United States*1!
Estate planning is primarily about how to pass your property on after your death to the recipients of your estate with a minimum of fuss, expense and taxes. But, it is about a lot more as well.
Many people think that estate plans are for someone else, not them. They may rationalize that they are too young or don’t have enough money to reap the tax benefits of a plan; however, estate planning is for everyone, regardless of age or net worth.