Estate planning is the coordinated process of arranging ownership and transfer of assets during life and at death to meet family, tax, and governance goals. Core tools include wills, powers of attorney, trusts, beneficiary designations, and life insurance for liquidity or equalization. Good plans minimize taxes and probate delays while reflecting family dynamics and charitable intent.

Clients complete wills, trusts, powers, and beneficiary updates, then fund liquidity with insurance as needed. Advisors facilitate titling, asset alignment, and family meetings. Periodic updates respond to law changes, births, deaths, and business events to keep plans effective.