Estate planning is the process of arranging and preparing for the management and distribution of one's assets and affairs during their lifetime and after their passing. The primary goal of estate planning is to ensure that a person's wishes regarding their assets, medical decisions, and dependents are carried out according to their preferences and in a manner that minimizes taxes, legal complexities, and family disputes.

Estate planning is not solely for the wealthy; it is essential for individuals of all income levels to ensure their wishes are carried out effectively and to protect their loved ones from unnecessary legal complications and financial burdens. It's crucial to work with an experienced estate planning attorney or financial advisor who can help navigate the complexities of estate planning and create a comprehensive plan tailored to your specific needs and objectives.