A
good estate plan helps protects your family and your property when you die or
become incapacitated. Planning your estate generally includes: deciding who
will get your things when you die, naming an executor to wrap up your affairs, naming
guardians for your children and their property, avoiding probate, or preparing
for a time when you may not be able to make your own financial or medical
decisions.
To
accomplish these goals, you may need a will, living trust, a living will, and
powers of attorney. You probably won’t need all of these documents, and you may
be able to make some or all of them yourself, without a lawyer. There is software
available that can take care of all of these for you.