Estate planning is the process of documenting your wishes for what should happen with your assets after you die. It can also include documentation that will ensure your wishes will be respected in case you become incapacitated or unable to make decisions due to an accident, disability, or medical condition.
At its most basic format, an estate plan includes a will or a trust, a durable power of attorney letter, beneficiary designations, guardianship designations, living will, and a healthcare power of attorney. This set of documents allows you to determine who will be receiving your assets, what they will be getting and when, who is authorized to make crucial decisions on your behalf in the event you are not able to speak for yourself, and who will take care of any children you may have who are minors.
An experienced Kentucky estate planning attorney can help you identify and prepare the necessary documents for your particular plan. The most important thing to consider is that by having an estate plan, you will spare your family of additional headaches and stress. Dealing with a sudden health crisis or losing a loved one is emotionally exhausting and can also become a source of stress and financial strain due to the lack of proper plans in place. Your estate plans not only include provisions to transfer assets seamlessly to your family members but also lists your wishes and financial plans in the event you need long-term care.
Thomas Steelman 
Crow Estate Planning 
Julia Mynhier 
