Is your estate protected?
That can be a difficult question to answer because to answer it we must first know what you are protecting it from. So if you answered yes, what are you currently protecting it from?
Are you protecting it from:
The state…in the event of your passing are you certain that your will is enough to ensure that your heirs inherit what you’ve intended to leave?
The government…if it decides to confiscate bank accounts or retirement accounts like several other countries around the world have recently?
The taxes…in the event that you have property will your heirs be in a position to pay the necessary taxes to take ownership?
The economy…if there is a major economic downturn or collapse event will there be any estate left?
The family dynamics…is it clear who inherits what and when so that no family feuds ensue?
With a solid estate plan usually you can take care of at least a few of these, but is your estate really fully...