What makes up a good, solid estate plan?

Here are what I consider “must haves” for your estate plan: 

1. Will or Trust
   Either of these documents gives you the ability to decide who gets what, when, and how. There are pros and cons associated with each, so be sure to consult with an estate planning professional to see which one is best for your particular situation.​
   
2. Durable Power of Attorney Documents
   This document allows you to appoint someone to deal with legal and/or financial matters on your behalf.
3. Healthcare Power of Attorney Documents
   This document designates representatives who can make medical decisions for you in the event you cannot make them yourself.
4. Living Will/Declaration
   This is a document that explains whether you want to be kept on life support in the event you become terminally ill and would die without intervention.
5. Current Beneficiary Designations
   Regardless of the planning method you choose, failing to update the beneficiary designations on your accounts can lead to unintended and expensive consequences.

Protect your legacy.  If you have questions, please contact Bret Christiansen, Esq. at 620-755-3054.