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The Big Picture. . . Estate Planning is More than a Will
Estate planning is often mistaken for just a will, but there are more documents you will need. You need to take care of the people you leave behind when you die, but you also need to protect yourself if you become incapacitated (e.g. you are unable to speak for yourself, such as recovering from an accident).
You should know what happens if you die without a will; almost certainly, not what you want. |
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Additionally, estate planning includes actions for dealing with your property should you become incapacitated and unable to manage your own affairs. Estate planning normally includes forming a plan and then writing the necessary documents to carry out the plan.
Normally the documents include a will, durable power of attorney, living will, medical directive, trust plan, and guardianship.
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