Revolutionary guide reveals secrets to effortless estate planning

Key Components of Estate Planning

A comprehensive estate plan typically includes several key documents and strategies. The cornerstone of any estate plan is a will, which outlines how your assets should be distributed. In addition, a living trust can be established to manage your assets during your lifetime and distribute them after your death without the need for probate. Power of attorney documents are also crucial, allowing you to designate someone to make financial or healthcare decisions on your behalf if you become incapacitated¹.