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Estate planning isn’t just for the wealthy. Nor is it simply for those contemplating the inevitable. It’s for everyone and it’s easy.
Simply put, estate planning is the best way for you to ensure that your family and financial goals are met after you’re no longer around to take care of them.
There are a few basic elements you will need to create in order to put your plan in place. These include a will, an assignment of power of attorney, and a living will or health care proxy (otherwise known as the medical power of attorney). Following are five easy steps to get you started.
This material is for informational purposes only. Neither New York Life nor its Agents provide tax, legal or accounting advice. Please consult your own tax, legal, or accounting professional before making any decisions.