About EstatePlanning.com
EstatePlanning.com™ is a service provided by WealthCounsel L.L.C., which offers a nationwide collaborative of estate planning attorneys dedicated to providing the best planning possible for American families.
Members of WealthCounsel are committed to client-centered estate and wealth transfer planning. This approach benefits you because it facilitates collaboration with your entire team of financial advisors. That is why we encourage you to ensure that all of your financial planning professionals (attorneys, insurance agents, financial advisors, and accountants) are effectively communicating and working in unison to support your long-term planning goals.
EstatePlanning.com provides you with objective, plain-English resources you need to answer your estate planning questions and help you better understand estate planning and the estate planning process. EstatePlanning.com can also connect you with an estate planning attorney in your geographic area.
A common misconception is that estate planning is done only to plan for when you pass on or that it is only for wealthy or elderly people. Our goal with this service is to help Americans understand that estate planning is so much more. Estate planning involves making a plan in advance for who you want to receive the things you own after you die, and naming who you want to make decisions for you if you become incapacitated.
Top 10 Reasons Why All Americans Need an Estate Plan
- It provides instructions for what to do with your property when you die.
- It provides instructions for your care and how to manage your financial affairs if you become incapacitated.
- It names a guardian and an inheritance manager for minor children.
- It can include life insurance to provide for your family at your death; disability income insurance to replace your income if you cannot work due to illness or injury; and long-term care insurance to help pay for your care in case of an extended illness or injury.
- It helps avoid chaos and discord among beneficiaries.
- It provides for family members with special needs without disrupting government benefits.
- It takes care of loved ones who might be irresponsible with money or who may need future protection from creditors or ex-spouses.
- It facilitates the transfer of your business at your retirement, disability, or death.
- It minimizes taxes, court costs, and unnecessary legal fees.
- It can be changed and updated as your family and financial situations, and relevant laws, change over your lifetime.
We hope you find these resources helpful. To find an estate planning attorney who believes in this philosophy as strongly as we do, please click here and use the search tool at the top of the page.