Estate planning is a simple process you take to make the lives of your loved ones easier. No one wants to plan for illness or death; but if you take the time to spell out your wishes, it greatly assists your loved ones when they need to make decisions on your behalf. The estate planning process can include everything from a simple will to complex tax shelters and trusts.
Through estate planning, you can establish who will make what decisions in the event you are unable. You can name who will care for your children in the case of your death. Division of property, creation of trusts, powers of attorney, and spelling out your burial wishes are just a few things that are included in estate planning. Consult with an attorney to fully understand your individual needs and determine what documents you should execute to ensure that your wishes are made clear to your loved ones.
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