Kiplinger

You Have a Will - Is It Time for an Estate Plan?

Most people have a will. But a simple will often doesn't cover some complex issues facing your heirs, which is why I recommend an estate plan.

I work with doctors, accountants and other professionals, small-business owners and people getting ready to retire. They may have a will and a trust for their children, but an estate plan answers three fundamental questions:

  • What you want to happen after you pass away;
  • Why you want it to happen;
  • Who will ensure it happens.

Most people have legal documents that answer the first question; in

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