#2 of 25 Common Estate Planning Mistakes – Will Only

Limiting Estate Planning Documents to a Will

For many people, estate planning begins and ends with
the signing of a will. A will is not an estate plan. A will can,
in suitable situations, be part of an estate plan. In addition
to a will, a complete estate plan should include, at least,
a power of attorney for finances, a power of attorney for
health care and an advanced directive. Wills are, however,
subject to probate. You may want to consider using a
revocable living trust to avoid probate and the need for