The TheJourneyOf.Life Glossary
Estate Planning

Estate Planning

Estate planning is the process of deciding in advance what happens to everything you own and everyone you are responsible for when you die or become unable to make decisions yourself. It includes writing a will, naming beneficiaries, choosing an executor, setting up powers of attorney, and recording your healthcare wishes. Estate planning is not only for wealthy people. It is an act of care for the people you love.

In short

Estate planning means deciding in advance what happens to your assets and who makes decisions for you if you cannot. It is one of the most loving things you can do for your family.

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