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What is Estate Planning?

Estate planning is simply the process of deciding who gets your stuff and who makes decisions for you if you can't make them yourself. It involves creating a plan to pass on your home, money, and personal belongings to the people or organizations you choose. It also covers important health and financial choices so your family isn't left guessing what you would have wanted. Essentially, it’s a way to organize your affairs now to prevent legal headaches and confusion for your loved ones later.

Estate plans generally include:

  • A will
  • Trusts
  • Powers of Attorney
  • Beneficiary designations