When considering your estate planning needs, you may want to review various planning options. One of the benefits of creating an estate plan is that you can customize your plan to your specific needs and desires due to the number of available tools. Of course, you may also find yourself feeling overwhelmed by the different paths you could follow in order to create your plan.
Even a single option could have various categories that you could potentially use. For instance, a variety of trusts exist that may help you meet your needs. Understanding the uses of these trusts could help you better decide which could make your plan more comprehensive and allow you to put your remaining assets to use as you wish even after your passing.