In today's video we discuss the five core documents that make up an estate plan. These documents are determined by the goals that we are trying to reach. There are generally six goals that we are trying to address in an estate plan. The goals are for when (1) we are alive and incapacitated and (2) we are dead. Within these two categories are three subcategories: (a) Money and Assets, (b) Health & Body, and (c) Children.
Inputting the five documents into the chart looks something like this:
There are, of course, many other documents that can comprise an estate plan, but these are the basics that we consider when starting any planning session.
If you have questions about what to include in your estate plan, please contact Signature Law for a free consultation.