On this episode of The Financial Physician, host Lou Scatigna, CFP started the show by speaking about an area where many Americans drop the ball, and that is estate planning.

What is an estate plan? Simply put, an estate plan lays out who gets your assets when you pass away. The one thing we all know is we cannot take our assets with us when we die, yet so many people struggle to have a proper estate plan in place. In this segment, Lou walks his listeners through the estate planning process and explains why it is so important to have the necessary documents in order.