Estate planning fundamentals are the same for every client. Regardless of wealth or age, every client needs the basic suite of documents - a power of attorney, a living will, a health care proxy, a will, a revocable trust and, for many, an irrevocable life insurance trust.

Similarly, a budget, and then a financial plan, is at the center of every well-crafted estate plan. They help determine future estate-tax exposure, appropriateness of a gift program, insurance planning strategies and more.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access