If estate planning is properly performed, heirs and beneficiaries will receive the maximum distribution of the deceased's remaining assets in accordance with his or her wishes. It is impossible to understate the importance of estate planning in assuring that a deceased's wealth is distributed in the desired manner.

For your assignment, evaluate and discuss the importance and goals of estate planning. How might you and your family benefit from having a solid plan in place? What would you include in your estate planning? Defend your answer.