Estate planning is not just for the wealthy-it is for anyone who wants to ensure their wishes are honored and their loved ones are protected. Many assume that only celebrities or business tycoons need to worry about wills and trusts, but legal battles over estates can happen in any family. From naming a guardian for your children to ensuring your financial and medical decisions are handled properly, having the right documents in place is essential. Without them, your family could face unnecessary stress and costly legal disputes.
A well-structured estate plan should include key legal documents like a will, a durable power of attorney and a living will. These documents help protect your assets, ensure your healthcare wishes are followed and provide clear instructions for your loved ones. For those with complex financial situations, setting up a trust can offer additional security and flexibility. Estate planning is not something you do once and forget-your documents should be reviewed every few years to keep them up to date. Learn why estate planning is essential and how to get started today on USAA.
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