Proper estate planning is an important component of your financial plan, as it can help your loved ones avoid an expensive, time-consuming process after you pass away.

An estate plan can also help you:

• Ensure the desired distribution of your assets.
• Minimize taxes, expenses, and unnecessary delays.
• Appoint guardians to care for your children.
• Provide financial security for your family.
• Make provisions in case you become incapacitated.

If you need help with estate planning these are three things to consider when getting started.

Estate planning checklist

Use our 4-step checklist to get started with creating your estate plan.

Choosing an attorney

Be sure to consult an experienced attorney , as estate laws vary by state.

Understanding estate taxes

Get tips on how to avoid estate taxes, which can eat away at the estate principal.