Back to Basics Estate Planning 101 – Financial Magazine
The video starts with the definition of estate planning. It’s more than only planning the distribution of assets upon the passing of someone. The video will explain the process for your estate in the event that you suffer from disability or cannot make an estate plan. In the clip, you’ll be able to see the default state setting if you do not have an estate plan. The video discusses the significance of planning your estate for yourself and your loved ones. Also, it covers most commonly used documents that are included in the estate plan.
The documents, such as a living trust and medical directives, to name few of them mentioned in this video are thoroughly explained in order to let you know the uses and significance of each. If you’d like to ask questions and learn more, be sure to contact an estate planning lawyer. rbdglp667i.