Estate planning is the process of arranging how your assets, healthcare decisions, and personalaffairs will be handled during your lifetime and after your death. A well-crafted estate planensures your wishes are honored, minimizes taxes and legal costs, protects your loved ones,and avoids unnecessary delays and disputes. Contrary to popular belief, estate planning isn'tjust for the wealthy — anyone with assets, dependents, or specific wishes about their carebenefits from having a plan in place.