The second part of estate planning consists of:

Question

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The second part of estate planning is focused on transferring your estate in the manner you have specified. This includes creating a will, establishing trusts, designating beneficiaries for life insurance policies and retirement accounts, and any other legal arrangements you have made for the distribution of your assets. Building your estate through savings, deciding who should be your attorney, evaluating your assets and liabilities, and ensuring your retirement plan is complete may be important parts of your overall financial plan, but they are not specific to the process of transferring your estate to your heirs.

The Second Part of Estate Planning Consists Of