Estate planning is the comprehensive process of
arranging for the management and transfer of your assets, appointing guardians for

HEIR
DEATH
EXECUTOR
PROTECT
ESTATE
PLANNING
GUARDIAN
FINANCES
ASSETS

minors, and defining medical/financial decisions upon your incapacity or death.
It includes, but is not limited to, a “will,” which dictates asset distribution and guardianship,
while a full plan often uses trusts to avoid probate.