What is an Estate Plan?

An estate plan is a legal document that is used to carry out a person’s wishes regarding the distribution of their assets, such as money or property, when they pass away. It also outlines the wishes that an individual has regarding how their medical care should be handled if they become incapacitated and unable to make decisions for themselves. In California, disability planning law requires that a person’s estate plan should be in writing and signed by them and witnessed by at least two competent adults. It should also include a plan for the distribution of their property, their wishes regarding end-of-life medical care, and their choice of a guardian for any minor children. A complete estate plan should include legal documents such as a will, living will, health care directive, and durable power of attorney. By having an estate plan in place, an individual can ensure that their wishes are respected and that their loved ones are taken care of in the event of their disability or death.

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