“Estate planning” is off-putting on so many levels. “Estate” conjures up images of the uber-wealthy setting aside giant tracts of land for the next generation. (Do I even have an estate, you wonder?) ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Khadija Khartit is a strategy, investment, ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Ebony Howard is a certified public accountant and a QuickBooks ...

Estate planning ensures you control asset and medical decisions if incapacitated. An estate plan can avoid taxes and reduce probate fees, safeguarding your wealth. Regular updates to wills and trusts ...

Like any other strategy for the future, estate planning is a critical part of life planning. Estate plans are made up of many parts, including wills and trusts, as well as any additional documents or ...