"By failing to prepare, you are preparing to fail." - Benjamin Franklin
Estate planning is crucial for families because it allows individuals to ensure their assets are distributed according to their wishes after they pass away. It helps minimize family disputes, reduces tax liabilities, and provides financial security for loved ones. Additionally, estate planning enables individuals to designate guardians for minor children and make provisions for family members with special needs. Overall, it provides peace of mind and a clear roadmap for the future.