
The 5 Most Important Estate Planning Documents
Estate planning is one of the most important things you can do to ensure that your loved ones are able to obtain your assets after your death. There are a number of estate planning documents that can be put in place to make this process easier. Here is a look at five of the most important documents you should discuss with an estate planning attorney and what happens if you don't have them.
1. Wills and Trusts
The development of wills and trusts are the foundation an estate plan, as the will provides instructions as to how your assets are to be distributed after death, while a trust is a tool that can help limit the tax burden that your beneficiaries face when receiving the assets. Wills and trusts include living wills -- which designates the type of care you wish to receive if you are in...