Most people associate estate planning with will preparation. And while a will is certainly an important component of an estate plan, a will is just one part of a complete estate plan. A well crafted estate plan may include not only wills, but power of attorneys, medical directives, and trusts. People who fail to create an estate plan automatically take the default estate plan created by the State. This default estate plan is designed to accommodate the needs of the many; consequently, an individual is usually better served by tailoring an estate plan to best suit his or her needs, rather than taking a default plan.
Estate Planning
- Wills
- Trusts
- Probate
- Guardianship