|
|
Estate Planning (Cont.)
What Does the Typical Estate Plan
Consist of?
Although your estate plan is determined by
your individual objectives, the typical estate
plan may consist of one or more of the following.
- Family Limited Partnership
- Will
- Living Trust
- Irrevocable Life Insurance Trust
- Living Will
- Durable Power of Attorney
- Business Succession Planning
- General conveyances
What does the planning
process consist of?
Estate planning is a structured process that in-
cludes:
- Data accumulation and goal-setting
- Analysis and recommendations
- Implementation
- Periodic monitoring and review
|
|
|
|
