Posts Tagged ‘Estate planning’

An estate plan is more than a Will. It is an overall coordinated plan addressing your legal, financial, medical and personal needs in the event of incapacity or death.


Estate planning is about CONTROL and CHOICE.  Planning permits you to express your wishes and preferences over WHO and WHAT: Who will act on your behalf? What happens to your body and the items you own?


Estate planning is about being proactive by:

  • Providing instructions on the management, distribution and care of your affairs upon incapacity or death
  • Providing guidance to loved ones in making difficult decisions
  • Minimizing probate costs or avoiding probate altogether
  • Avoiding painful emotional conflicts between family members
  • Avoiding lengthy court battles


Each family’s estate plan will be unique. If you have minor children, you need an estate plan in order to do any of the following:

  • Appoint a guardian for minor children
  • Provide financial protection for your children
  • Appoint agents to act on your behalf regarding health care and financial decisions
  • Make special, sentimental or charitable gifts
  • Engage in estate tax reduction planning
  • Coordinate beneficiary designations on life insurance policies and retirement accounts with your estate plan

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