The most important goals of estate planning are to plan for where your assets will go after you pass away, and to plan for the well being of your children.
To meet these goals, we primarily use two documents, Wills, and Revocable Living Trusts.
Wills
Determines who gets the assets in your estate through probate. (Your Estate includes all of your assets when you die, except those in a trust, jointly owned, or with a named beneficiary)
Picks who you would like to be the guardian of your minor children if both parents have died.
Revocable Living Trusts
Allows you to avoid probate, the often complicated court process of distributing your assets under a will.
Have added control over the distribution of your assets. This is most important for those that have young children, as it allows you to outline who will control the assets, and how they should be used for your children.