Estate planning is a lifelong process in which you evaluate your situation and plan for the future. It includes planning for your retirement, for the possibility of disability, and for death. The estate planning process requires that you consider a wide range of legal, financial, emotional, and logistical issues.

Estate planning can be a positive experience, since it involves reviewing your situation and planning for your future. Although most people also find it unpleasant to think about the possibility of disability or death, advance planning is also a way to show your love and to reduce potential distress later.

In other words, estate planning is a process of assisting one in accumulating, conserving, distributing and ensuring that the estate reaches the right person who was designated as the beneficiary. More specifically, it is the process of making proper preparations for the protection, conservation and distribution of one's assets for the benefit of the loved ones. An estate plan ultimately, depends on the size of your estate and how comprehensive your needs are.