Where do things proceed from that point? Provided by Reeve Conover – Conover Consulting Every day, people die intestate. In legalese, that means without a will. This opens the door for the courts to decide what happens with their estates.
When should you review it? What should you review? An estate plan has three objectives. The first goal is to preserve your accumulated wealth. The second goal is to express who will receive your assets after your death. The third goal is to state who will make medical and financial decisions on your behalf if you cannot.