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Effective estate management enables you to manage your affairs during your lifetime and control the distribution of your wealth after death. An effective estate strategy can spell out your healthcare wishes and ensure that they're carried out – even if you cannot communicate. It can even designate someone to manage your financial affairs should you be unable to do so.
Aside from writing a will, estate planning also involves keeping detailed records of all of your assets and wishes. Again, having written lists will help ensure that no one gets left out when it comes time to execute your plan. While implementing your plan, make sure that everybody knows about it and understands your wishes.
Church Street Financial does not provide legal advice. Please consult a legal attorney for a specific course of action that addresses your own individual needs.