Estate Planning
Let Cannaday Bloom Wealth and Insurance Solutions help with your estate planning.
An estate plan helps protect your wishes for the future of your assets and family, even when you are no longer around. It is important to create an estate plan to ensure that your affairs will be managed according to your wishes. An estate plan can also help reduce the burden of taxes and other costs on your loved ones after you are gone.There are five estate planning documents you may need, regardless of your age, health, or wealth:
- Durable power of attorney
- Advance medical directives
- Will
- Letter of instruction
- Living trust
The last document, a living trust, isn't always necessary, but it's included here because it's a vital component of many estate plans.