Carey is a widow with two teenagers, Brenda age 13 and Terry age 15- Her health has declined and she knows that a will should be drafted- Which of the following statements is not an important reason to have a will?

What is Estate Planning?
Estate planning is the process of designating who will receive your assets in the event of your death or incapacitation.

Estate planning vs Living will:
Basically, an estate plan is a broader plan of action for your assets that may apply during your life as well as after your death. A will, on the other hand, dictates where your assets will go after you die, who will be the guardian of your children and more.