In This Chapter
• Estate planning essentials
• How to draw up a will
• The basics of living wills
• All about trusts
• Should you preplan or prepay a funeral?
• The importance of turning to professionals
Planning for the financial solvency of retirement goes beyond saving and investing prudently. It also involves taking those steps that are necessary to ensure the safety of what you own—and, when the time comes, to make certain that your assets pass along in the manner and to whom you wish.
In this chapter, we’ll introduce you to a number of salient estate planning issues and topics. We’ll provide an overview of how they are developed and implemented as well as offer a sense of how they work together to protect the assets ...