What is the Purpose of Estate Planning?

In this video, Stearns-Montgomery & Proctor attorney Ashley Baker Osby explains the purpose of estate planning and why it’s crucial for protecting one’s legacy and loved ones. She highlights that estate planning is more than just drafting a will; it involves creating a comprehensive plan to manage assets, healthcare decisions, and guardianship for minors. Ashley also emphasizes the peace of mind that a well-structured estate plan can bring, ensuring that an individual’s wishes are respected and their assets are distributed efficiently, minimizing potential legal challenges and taxes.