A clear will and estate plan protects your family, reduces legal and financial friction, and ensures your assets and obligations are handled according to your intentions.
A will directs asset distribution and appoints key roles.
Healthcare directive or living will names decision-makers and preferences.
Power of attorney designates who can act if you cannot.
Accounts with named beneficiaries may pass outside the will.
Guardianship planning ensures minor children are cared for by chosen individuals.
No plan or outdated plan can create delays, conflicts, and extra costs.
Legally distributes assets and appoints an executor or trustee to manage estate administration properly.
Specifies medical treatment preferences and names individuals authorized to make healthcare decisions on your behalf.
Designates a trusted person to make healthcare decisions if you are temporarily or permanently incapacitated.
Grants a trusted person authority to manage your finances, pay bills, and handle monetary matters if incapacitated.
Directs specific accounts like insurance or retirement plans; review regularly to maintain intended asset distribution.
Establishes legal arrangements for complex estates, special needs beneficiaries, or specific financial planning objectives.
Names preferred guardians for minor children, ensuring responsible care according to your wishes and legal requirements.
Provides non-legal guidance for family, detailing accounts, contacts, wishes, and other important estate information.
Many people assume the will controls everything. In reality, some assets transfer outside the will.