5 Essential Elements of a Basic Estate Plan


A basic estate plan is more than a Last Will and Testament. It involves several indispensable planning tools to assist with distributing your assets when you are no longer here, as well as tools that can be helpful in the event of incapacity. Here's a breakdown of these fundamental components: Last Will & Testament: This planning tool outlines your wishes about the distribution of your assets upon your death. It involves the appointment of an Executor, a trusted individual who will administer your estate per your wishes. If [...]