Considerations For Thoughtful Estate Planning

man working on an estate plan

When contemplating an estate plan it is important to remember that a Last Will and Testament is only one tool in the overall approach to a successful estate plan.  Assets distributed pursuant to a decedent’s will are assets in the sole name of the decedent at the time of death.  There are other methods of distributing wealth in the event of death.  Assets distributed “outside” the will are commonly referred to as “non-probate” assets.  Some examples of non-probate assets are:

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