One of the most common explanations people offer when questioned about the fact that they do not have an estate plan is the belief that they do not yet need one. They either think they are too young or not wealthy enough to need a plan. Every adult can benefit from having an estate plan in place though, without regard to age, marital status, or net worth. At a bare minimum, executing a Will ensures that the State of California will not determine what happens to your estate assets and prevents the possibility of your loved ones winding up embroiled in costly and divisive litigation after you are gone.
