The urgency to retain an estate planning attorney will vary with the needs of each person and family. Estate planning for people of modest means and needs is still a smart strategy to protect your family assets and your wishes should something happen to you. 

All individuals benefit from having current, valid Durable Powers of Attorney to ensure the right people are authorized to act on your behalf if you are incapacitated. If you die without a valid Will, intestacy laws will govern the disposition of your assets after your lifetime. The result might not be what you wanted. We encourage all individuals and families to consult with an estate planning attorney to create an estate plan tailored to their specific circumstances. 

Families who want to protect loved ones with special needs should particularly prioritize consulting with an estate planning attorney. 

Business owners and families with significant wealth and/or complex assets will benefit from estate planning to facilitate the transfer of generational wealth to their heirs with fewer estate taxes paid, and to ensure the smooth transition of ownership and management of the family business.