Estate Planning

What is an Estate Plan?

Many people are surprised when they find out that an Estate Plan goes beyond determining to whom you’re giving your money and property. An Estate Plan also includes healthcare, end of life care, child guardianship and more.

It’s not fun to think about, but it’s important to make sure your wishes are followed. For example, if you feel very strongly about not being resuscitated, you will need to make sure your Estate Plan includes a Do Not Resuscitate (DNR) form. Also, some people need religious considerations when taking certain drugs or even going to a certain hospital.

Your Estate Plan needs to not only determine who you leave your money and property to, but also how you will be taken care of in your later years, and how your dependents will be cared for.

What Makes Up an Estate Plan?

Several different documents make up an estate plan, and each has a unique purpose. Depending on the size of your estate, the financial part of your plan can be long and complicated or pretty simple. The health care and end of life care documents will depend on your personal wishes, beliefs and preferences.