Estate planning centers around a plan for your assets upon cognitive decline, disability, or death. It is a written plan to formalize your wishes in advance. At the heart of it, estate planning is about protecting you and your loved ones.

All doctors need an estate plan, but in our experience very few have them. Most state it’s because they don’t know where to start or what all an estate plan should include.  At a minimum, doctors should look to get a basic estate plan when they initially have children. Estate planning can get complex. This quick article is meant to outline what to look for in that first basic estate plan.