Master Financial Freedom Master Estate Planning Secrets Today

An estate plan typically includes several key elements:

  • Will: A legal document that outlines how your assets will be distributed and who will care for any minor children.
  • Trusts: These can help manage your assets during your lifetime and distribute them after your death, often providing tax advantages and protecting assets from creditors.
  • Power of Attorney: This designates someone to make financial decisions on your behalf if you become incapacitated.
  • Healthcare Directives: These documents specify your medical treatment preferences and appoint a person to make healthcare decisions if you are unable to do so.
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