Estate Planning

Regardless of how old you are, if you have children, a spouse or a business, an estate plan can protect your assets from certain taxes, minimize complications associated with probate, and provide a business-continuity plan for your company. A simple will and health care directive also ensure your wishes will be respected if you no longer are able to make health care decisions for yourself. Even if you already have a simple will in place, exploring charitable remainders, gift giving and various kinds of trusts could reduce the amount of taxable income to which your estate is subject.

Last updated: Oct. 1, 2008