Estate Planning concerns taking control of what happens to your property and assets after your death, as well as making decisions about your future healthcare. No matter your age or current state of health, you should make sure your estate plan is up-to-date and valid. All Estate Plans Should Include At Least Four Important Documents:
Last Will and Testament allows you to specify where you want each of your assets to go upon your death. If you do not have a valid Will at the time of your death, the court will direct the distribution of the estate in accordance with state law. A Will may also specify the guardian of minor children upon the death of both parents. Contrary to popular belief, family members do not automatically get custody of children.
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