Your estate plan is where your loved ones will turn to find out what you want to do with your assets when you pass away. There are several components of an estate plan, but some individuals are surprised to find out that some of them are used before you pass away. Together, all of the following points create a comprehensive estate plan.
Components included in a comprehensive estate plan
How does a dynasty trust help?
After a lifetime of hard work, many want to pass on the fruits of their labor to future generations. All the hours logged during their career have likely yielded an impressive sum of money. And brightening the financial future of children and grandchildren is a noble pursuit. But those who have spent much of their life working are aware of the fact that a good chunk of the money they’ve earned has gone to taxes.
