An estate plan helps assure that the disposition of your assets is carried out according to your wishes. Furthermore, creating an estate plan will save your loved one’s undue stress after you have passed away. An estate plan can include a will, trust, powers of attorney and advanced directives. Not having an estate plan in place could result in certain relatives, friends, and charities receiving nothing. Knowing you have an estate plan that protects your assets as wells as your loved ones will give you peace of mind.