What are the Key Strategies for Estate Planning?
In the past, estate planning was something that only wealthy individuals did. But most of us have an estate, or personal assets and belongings, regardless of how small or large. And estate planning is far more than who we want to distribute our belongings to after we die. It is who will act as guardians to our children if the unthinkable happens. Or who will take care of us and make critical decisions if we become incapacitated. Not having a concise estate plan may lead to great confusion if our family is confronted with end-of-life matters and need to guess what we would have wanted. While a will is one of the foundational documents of an estate plan, estate planning itself is far broader than just a will and can…