An estate plan looks tax in the eye
Everyone who earns money should have a will and an estate plan. You never know when you will die and even if you do not have dependants, you are still going to leave someone
Death is inevitable, and so are taxes. But you have ample flexibility to decide how much you pay the taxman - and what your loved ones get to keep - after you die. The trick lies in planning your estate, creating a plan of what will happen with everything that you own or control.
People often conflate the drafting of a will with proper estate planning. A will is a legal document and it gives your family and the executor of your estate a good idea of what they should do with everything you own.