Six Important Documents of Estate Planning
Six Important Documents of Estate Planning The Importance of Estate Planning Many people believe that having an estate plan simply means drafting a will or a trust. However, there is much more to include in your estate planning to make certain all of your assets are transferred seamlessly to your heirs upon your death. A successful estate plan also includes provisions allowing your family members to access or control your assets should you become unable to do so yourself. Estate planning is not only for the wealthy—everybody can benefit from ensuring their assets and finances are properly taken care of after their death. Without the proper planning and documents, court may decide the distribution of assets which may not be as per your wish and desire. Estate planning also involves giving permission to family members or an executor to carry out your wishes if you become incapacitated while still alive. Here is a list of items eve