A properly-created estate plan can remove uncertainties you may have about the administration of your estate. Estate planning may take into consideration the value of your estate, applicable taxes, distribution efforts and administration expenses. An estate plan may include legal instruments such as a will, Power of Attorney, or living trust.
The plan will ensure that distributions will be made pursuant to your wishes. The estate plan may also specify your instructions for the care of dependents, family, those with unique challenges, and charitable contributions.