Many people postpone the planning of their estates because they assume that estate planning is only for the affluent. Others may think that estate planning is similar to tax planning, which can always be done “later.” In some cases, estate planning may be put on the back burner because it is a reminder of one’s own mortality. However, a properly structured estate plan is necessary if you wish to direct the distribution of your assets during your lifetime and after your death, as well as choose guardians for your minor children or plan future care for other dependents. Work with a Certified Financial Planner® along with your estate planning team consisting of your attorney, accountant and other professionals.  Whether establishing a new estate plan or revising an existing can provide guidance to develop an effective plan.