Estate Planning 101 | CJ & Oscar on Why You Need It Now #shorts

Now let's— let me ask you, uh, Oscar, for someone who's just starting with estate planning, what are the first steps they should take?

Well, you know what, I mean, the, the first steps is one is, is make, make a decision of whether, um, make a decision if you can, uh, if you need an estate plan, right? So that means do you own a house and does it— the house, does the value of the home exceed it? Because, because then that's the first thing is before you decide and start getting estate plan, do you own a house and do you have the asset? Do you have the assets that requires you to get into probate? Because let me tell you about probate before I get into how do you get started. But understanding, if you don't, you— there's two plans that the government— the government already has a plan for you, has a plan for me, for you, for everybody, every listener out there. The government has a plan, and the plan is pay me to decide what happens to the things that you worked your entire life for. That's what the government's plan is.