Knowing you have a properly prepared plan in place - one that contains your instructions and will protect your family - will give you and your family peace of mind. This is one of the most thoughtful and considerate things you can do for yourself and for those you love. What is Estate Planning? Estate planning is making a plan in advance and naming whom you want to receive the things you own after you die. It is not only for the rich. Legally speaking, we all have an 'estate' that needs protecting. You can preserve your savings and create a legacy without leaving a mess. It's easier than you think!
Your estate is comprised of everything you own— your car, home, other real estate, checking and savings accounts, investments, life insurance, furniture, personal possessions. No matter how large or how modest, everyone has an estate and something in common—you can’t take it with you when you die.
An estate plan allows you to control how those things are given to the people or organizations you care most about. To ensure your wishes are carried out, Chelsea Estate Planning will help you to provide instructions stating whom you want to receive something of yours, what you want them to receive, and when they are to receive it. With our guidance, this can happen with the least amount paid in taxes, legal fees, and court costs.