Estate Planning Concepts
Learn essential estate planning concepts including trusts, wills, beneficiaries, and powers of attorney to help protect your family's financial future.
What basic estate planning concepts should I understand?
Key estate planning concepts include wills (documents that specify asset distribution), trusts (legal arrangements that hold assets), beneficiaries (people who receive assets), and powers of attorney (documents that authorize someone to make decisions on your behalf). Understanding these foundational concepts helps you explore your options for protecting your family's financial security.
