Too young to start estate planning? Think again.
Estate planning, in order to be effective, must be done in advance. Obviously, it’s too late to create a last will and testament and other estate planning documents once you’ve passed. Once this happens, you have no control over your property and other assets. Alabama state law will kick in, acting as a default will for those who don’t have one. Someone else appointed by the court will decide who gets your house, your money, your possessions, etc. based on state law.