Estate planning is an important strategy for arranging financial affairs and protecting heirs - here are 5 reasons why everyone needs an estate plan

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When you hear the word "estate," you might think of mansions, huge stock portfolios, art and antiques, and other pricey possessions like cars, yachts, and fine jewelry. The things high-net-worth individuals, especially elderly ones, own and leave behind them after they die.

But estate planning isn't just for the ultra-wealthy or the very old. Everyone, regardless of financial status or age, can benefit from having an estate plan - assuming you have assets to leave and people to leave them to.

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Original Article Source Credits:   Business Insider , https://www.businessinsider.in/

Article Written By:  JANET BERRY-JOHNSON

Original Article Posted on:  JAN 15, 2021

Link to Original Article:  https://www.businessinsider.in/personal-finance/news/estate-planning-is-an-important-strategy-for-arranging-financial-affairs-and-protecting-heirs-here-are-5-reasons-why-everyone-needs-an-estate-plan/articleshow/80277329.cms

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