There is, generally, only one 'no brainer' when it comes to estate planning - "Keep your loved ones and your assets away from probate - that is, keep them out of the probate attorney's office and out of the probate court room!" Probate is expensive. It ties assets up for months, sometimes years - and it is a public process that often invites people connected to you to challenge your wants and wishes. Many people do not understand that having no plan at all or a Last Will and Testament, only, is your plan for probate. A good estate plan will ensure that someone you've hand-picked will be tending to your business using your estate planning tools, following your wants and wishes, and avoid probate altogether.