Estate planning can feel overwhelming, especially if you’re just getting started. The good news? You’re not alone. We’ve rounded up the most common questions people ask—and the answers that bring peace of mind.
1. Do I really need an estate plan if I don’t have a lot of money?
Yes! Estate planning isn’t just about wealth. It’s about making sure your wishes are honored, your loved ones are supported, and someone you trust is legally empowered to help if you can’t speak for yourself.
2. What documents do I actually need?
Most people need these core documents:
- A Will or Trust
- A Durable Power of Attorney
- An Advance Health Care Directive
- HIPAA Authorization
Each one plays a different role in protecting you and your family.
3. What’s the difference between a Will and a Trust?
A Will directs who gets your assets when you die, but it goes through probate—a public, court-supervised process.
A Trust avoids probate, keeps things private, and can manage your assets during your lifetime and after.
4. If I have a Trust, do I still need a Will?
Yes. A simple “pour-over Will” acts as a safety net to catch any assets not titled in your Trust.
5. What happens if I don’t have an estate plan?
The state will decide who gets your assets and who makes decisions for you—and it might not be who you’d choose. Planning ensures your voice is heard, even when you can’t speak for yourself.
6. How often should I update my plan?
We recommend reviewing your estate plan every 3–5 years, or sooner if you experience a major life event (like a move, birth, marriage, or divorce).
7. Is estate planning just for older people?
Not at all. Once you turn 18, you need basic legal documents—especially powers of attorney and healthcare directives. Life is unpredictable, and planning isn’t about age—it’s about being prepared.
Conclusion
If you’ve been putting off estate planning because you weren’t sure where to start, we hope these answers help clear the path forward. When you’re ready, we’re here to guide you every step of the way
