As you prepare to start your estate planning journey, you may think that a simple plan will be enough for you. After all, you may live by modest means, and though you have a few significant assets you may want to leave to loved ones, you believe that a will can cover what you need.
Before you opt for just a will, consider the uses of a trust
Discussing important estate planning documents with your parent
As your parent ages, you may have more and more concerns about his or her well-being. While you may not have any problem stepping in and making important decisions on his or her behalf if that time comes, you know that you need legal authority to do so. Though you know that your parent has already done some estate planning, you may not know the details of the plan.
