Estate Planning Typically Includes:

  1. Writing a will – Deciding who gets your property and who will take care of your dependents.

  2. Naming beneficiaries – Specifying who will inherit things like life insurance or retirement accounts.

  3. Setting up powers of attorney – Choosing someone to manage your finances or make healthcare decisions if you’re unable to.

  4. Planning for taxes – Minimizing taxes or fees on your estate so more goes to your loved ones.

  5. Creating healthcare directives – Outlining your medical preferences if you can’t communicate them.

In short, it’s about protecting your loved ones and ensuring your wishes are followed.