What tools are available to help me plan my estate?
When planning your estate, there are several tools you can use to help you. In Kansas, you have the option to draft a will. This is a document that outlines how you would like your assets to be distributed when you pass away. You can also designate how you would like any debts to be paid and who will take responsibility for any minor children. Another tool available to you is a trust. This is an agreement between you and a trustee that outlines how you want your assets to be handled and distributed. This can be especially helpful if you have young children or want to protect your assets in the event of an unforeseen event. In addition to wills and trusts, you can also create an advance directive. This document outlines your wishes regarding medical decisions in the event that you are not able to make them yourself. When planning your estate, it is always important to seek the advice of a qualified attorney or financial advisor. They can provide you with guidance and answer any questions you may have. This will ensure that your estate is managed in accordance with your wishes.
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