Community FAQ · Financial Planning
What should an estate plan include beyond a will?
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A comprehensive estate plan should include: a will for asset distribution, trusts for managing assets for minor children or those with special needs, guardianship designations for young children, powers of attorney for managing finances if you become incapacitated, and advance healthcare directives for medical decisions. These documents ensure your financial and medical wishes are carried out by people you trust.
Answered by Shannon Neely, Shannon K. Neely Financial Services Inc. Based on The Importance of Estate Planning.