Reasons to consider estate planning  Reasons to consider estate
planning   The general purpose and use of family revocable
trusts are to help an individual avoid the costs associated with
the probate process, reduce and in many cases eliminate federal
and state estate taxes, and ensure the proper disposition and
control of their assets to their family members following their
death.   What are some other major reasons to do estate
planning?      • To Protect Your Assets from the Cost of Long
Term Care: As individuals age they begin to become concerned
about the potential costs associated with long term care. Their
focus may shift to discovering strategies that will protect
their assets from both general creditors and the costs
associated with long term care. These assets often consist of
their home, vacation home, rental property and/or liquid
investments including life insurance and IRAs.  However, many
individuals are generally reluctant to transfer such assets
directly to their children or other family memb