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What is Estate Planning?

One’s estate relates to any of their assets, savings, property, and possessions.  Estate planning is essentially what, whom, and when.  What possessions do you want to give to whom, and when?  This is sometimes referred to as a will, but in general it is a plan of what will happen to your savings and possessions after you pass away.  Estate planning begins with a will or living trust.  It is also important to remember that it is always possible to adjust or update your will anytime you want.  Elder law attorneys usually do estate planning, but not all estate planners do other elder law.  Estate planning can also pertain to:

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