Basic Estate Planning Tools

Deciding whether to use a will or a trust is often the most pivotal decision made during an initial planning meeting.  The entire structure of the plan depends on this choice. Ultimately, the decision should made by the client only after an understanding of the pros and cons of these two planning tools is understood. 

A basic estate plan covers incapacity planning and the disposition of property upon death.  Most individuals when thinking about estate planning planning only focus on the later part–death.  When I meet with clients, I always start with the incapacity planning first.  The initial focus should be on matters that can help you while you are