Absolutely. Estate planning isn't just for wealthy individuals. If you own a home, have savings, own a business, or have loved ones who depend on you, an estate plan helps ensure your wishes are followed and can help your family avoid unnecessary stress, delays, and expenses.

A will outlines how your assets should be distributed after your passing and typically goes through probate. A trust can help your assets transfer more efficiently, provide greater privacy, and offer additional control over how and when assets are distributed to beneficiaries.

Without an estate plan, state laws determine how your assets are distributed. This can result in delays, additional legal expenses, and outcomes that may not align with your wishes.

Some retirement accounts may have certain protections depending on where the money is held. However, retirement accounts are generally not insured against market losses. It is important to understand how your money is invested and what risks may apply.

An annuity is an insurance product that can be used as part of a retirement income plan. Depending on the type, it may help provide income, protection, or long-term financial stability.

Not always. Some people use annuities before retirement as part of a longer-term strategy, while others use them during retirement to help create dependable income.

Many families spend years building savings, property, and income, but do not always have a clear plan to protect them. Asset preservation helps create more clarity and direction.