Planning for your financial future doesn’t stop at retirement. It’s equally important to plan for what happens to your assets after your lifetime. This is where estate planning comes into play. In this module, we’ll introduce you to the concept of estate planning, discuss important tools such as wills, trusts, and powers of attorney, and emphasize the importance of starting your estate planning early.
Chapters in this module:
This chapter will provide a basic understanding of estate planning, including what it is, why it’s important, and who needs it.
Here, we’ll delve into some of the key tools used in estate planning, discussing what they are, how they work, and their role in managing and distributing your assets.
The final chapter of this module will underscore why it’s crucial to start your estate planning sooner rather than later, even if you think you’re too young or don’t have enough assets to warrant it.