An estate plan is a comprehensive plan that includes documents which are in effect during your lifetime, as well as other documents that are not in effect until your death. Whereas a will details where you want your assets to go after your death, and who you would like to serve as guardian of your children.
There are four main elements to planning your estate plan. These elements include drafting and signing your will, naming beneficiaries, drawing up a durable power of attorney, and naming health care directives. Ask the friendly team at RI Advice Maroochydore on how we can assist you in planning your estate.