A Will is a binding document setting out how you want your assets distributed after your death. Estate planning is the broad term to describe how a person plans for the future administration of the assets they have acquired when they die. Estate planning includes a will, but with a comprehensive plan, you can give direction to your administrators for matters beyond the scope of will. This can include powers of attorney, property transfer, trusts, and advance directives (living wills).
What is the difference between a will and estate planning?
by Dixon And Co Lawyers Team | Jun 13, 2022 | Estate Planning, FAQ, Kelly Dixon, Trusts | 0 comments