estate plan

When you make an estate plan you make legal documents like:

• a Power of Attorney for Personal Care
• a Power of Attorney for Property

These documents make sure someone has the power to make decisions about your property or personal care if you are no longer mentally capable.

You also make a will as part of your estate plan so that:

• your property goes to the people or organizations you want it to go to after you die
• your minor children are cared for after you die

And there are things you can do to reduce the amount of tax your estate pays when you die.