Essentials: Planning Directives

A will by its legal nature contains a limited ability to handle the disposition of your assets and affairs. Planning Directives are documents that supplement and support a will by addressing financial and legal questions that wills do not, and that give instructions about what should occur with your estate and/or minor children if an unforeseen accident or illness leaves you incapable of expressing what you want.

At the very least, everyone is encouraged to have a will and Planning Directives in place to safeguard their assets and loved ones in the event of death or unforeseen incapacity. For some others, though, especially those with large families, or sizable estates, estate planning may necessitate a number of additional considerations.