Who should be included in an estate plan?

When it comes to estate planning in Kansas, there are a few people who should be included in the plan. First, the individual creating the plan, known as the testator, should be included. This person is also often referred to as the grantor. They are the person who is setting up the estate plan, deciding who will receive their assets when they pass away. The beneficiaries are also very important to include in the estate plan. The beneficiaries are the people who the testator is deciding to leave their assets to. These beneficiaries can include family members, friends, charities, or anyone else the testator chooses. It is important for the testator to be clear about who these beneficiaries are, how much of the estate they will receive, and when they will receive it. Finally, another party to include in the estate plan if the executor. This is the person who is appointed by the testator to carry out the provisions of the estate plan. The executor is responsible for making sure that all the assets are properly distributed to the beneficiaries according to the wishes of the testator. In conclusion, when it comes to estate planning in Kansas, the testator, the beneficiaries, and the executor should all be included in the plan. It is important for the testator to be clear about who their beneficiaries are, how much of their estate they will receive, and when they will receive it. The executor is also responsible for making sure the assets are distributed according to the wishes of the testator.

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Who should be included in an estate plan?

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