Change can come in all shapes and sizes, it can be negative or positive, can be refreshing or even draining at times. But as they say, change is the only constant and with everything changing around us, planning, and more especially Estate Planning, has become extremely crucial. The current pandemic has taught us that there is no certainty about tomorrow and having an Estate Plan in place gives you the peace you need to enjoy today without having to worry about tomorrow.
Estate planning has taken added importance in the lives of families. However, it requires careful planning and consideration to ensure that no dispute or in-family fighting occurs after the estate creator’s death.
Apart from the standard Wills and Trusts method, LLCs have also come to assume centerstage when it comes to estate planning. The revival of estate planning is welcome as it helps reduce litigation in family disputes.
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