What is Estate Planning?
Estate planning is where you make decisions for two phases of your life. First, if you become incapacitated, meaning that you cannot make decisions for yourself anymore, you make decisions regarding who you want to make financial, legal, and medical decisions for you. Second, when you pass away, you make decisions regarding who is going to manage your assets, who is going to inherit your estate, and how. All of this is done through documents such as a will, living trust, durable power of attorney, an advanced healthcare directive, and a healthcare power of attorney.
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