📜 Estate Planning: Securing Your Legacy

Explainer

Estate planning ensures your wealth, property, and wishes are handled properly after death or incapacity.

Tools:

• Wills & trusts
• Powers of attorney
• Beneficiary designations
• Estate tax planning

Comparison: Will vs. Trust

• Will: Simpler, must go through probate
• Trust: Avoids probate, more control, privacy benefits

Guide: Steps to Start Estate Planning

Take inventory of assets

Choose guardians for dependents

Create will or trust

Update beneficiaries regularly

Consult estate attorney for complex situations

Trends in 2025

• More online estate planning platforms (LegalZoom, Trust & Will)
• Rising interest in digital asset planning (crypto, online accounts)
• Increased focus on intergenerational wealth transfer