Who should be included in an estate plan?

When putting together an estate plan, there are a few people who should be included. An estate plan is a set of legal documents that outline how your assets and property should be distributed after your death. The first person to include in an estate plan is an executor. This is the person who will make sure that your assets are distributed according to your wishes. It is important to choose someone who is trustworthy and capable of managing the task. The second person to include in an estate plan is a guardian. This is the person who will take care of your children if you die. You should choose someone who is responsible and has the same values that you do. The third person to include in an estate plan is a financial advisor or attorney. They can help you create an estate plan that is legally sound and meets your goals. Finally, the fourth person to include in an estate plan is a beneficiary. A beneficiary is someone who will receive your assets after your death. It could be a spouse, child, friend, or charity. In conclusion, when creating an estate plan in Massachusetts, the four people who should be included are an executor, guardian, financial advisor or attorney, and a beneficiary. It is important to choose people who are capable and responsible so that your wishes can be fulfilled after your death.

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Who should be included in an estate plan?

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