The "One Big Beautiful Bill" Act locks in a lower-tax future for individuals and businesses, while funding those cuts through substantial safety-net reductions.

Estate planning is one of the most critical steps to protecting your loved ones and your legacy. Yet, it's often overlooked or put off until it's too late. Whether you're just starting your career, raising a family, or approaching retirement, having an estate plan ensures that your wishes are carried out and your assets are distributed the way you intend. To help you better understand the process, we've compiled answers to some of the most frequently asked questions about estate planning and general tips to help you formulate a plan that will cover the gamut while allowing you to rest easy. What Is Estate Planning? At its core, estate planning is making legal arrangements for what happens to your money, property, and responsibilities if you become incapacitated or pass away. A solid estate plan outlines who will inherit your assets, care for minor children, and make medical or financial decisions if you cannot do so yourself. Why Is Estate Planning Important? Without a plan, your loved ones could face legal complications, long delays, and unnecessary stress. Estate planning helps smooth an already difficult process for those involved. Avoid probate or streamline the process. Appoint guardians for children or dependents. Minimize taxes and legal fees. Make your wishes clear and legally enforceable. Even if you don't think you have "enough" assets, estate planning is more than money—it's about control and peace of mind.  When Should I Start Estate Planning? The best time to start estate planning is now , regardless of age or financial status. Key life events such as marriage, the birth of a child, buying a home, or starting a business are all essential triggers to begin or update your plan. Estate planning isn't a one-time task—it should evolve with you.