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