How many of us have heard the words "I bought a house," only to discover later on that the "deal fell through." In reality what happened was that a contract was signed for the purchase of a home but some contingency in the agreement could not be satisfied so ownership never transferred from the seller to the buyer. In a case like this misunderstanding is often the result.
Have you ever wondered what happens if you die without an estate plan? Have you thought about all of the energy spent during your lifetime to maintain privacy and protection as it relates to your business affairs, finances or your children, and wondered what happens when you are gone? These two questions are actually related because the state you live in has a plan for you at your death, and it doesn't necessarily include the protection you would desire for your business, finances or your children.