Five Easy Steps To Create An Estate Plan

If you haven't set up an estate plan yet, what is your reason? Is the thought of setting up your loved ones for the future, the future after your death, too daunting? Take it one step at a time, and don't rush into this enormous life decision. Read the article below for five steps of creating an estate plan.

"The time to devise an estate plan is now, if you haven't already," says John Padberg, vice president of life event services and estate planning for Wells Fargo Advisors. Many people equate estate plans with wills, he says, but a well-thought-out structure involves much more. There are many tools, such as living trusts and financial and health care powers of attorney, that can help trusted professionals and family members manage your affairs if you cannot.

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