With estate planning, these are some of the questions you’ll want to explore with your wealth management advisor:

• What’s the proper ownership structure for your assets (e.g. homes, vehicles, collectibles)?
• What are your goals for transferring assets to your heirs and charity during your lifetime and afterward?
• What’s your plan for protecting your assets for your adult children from divorce or creditors?
• Do you need advisement in creating or enacting a will or trust?
  
• Have you completed a power of attorney document?
• If you have a loved one with a disability, are you familiar with the advantages of a special needs trust?
• How are you preparing now to minimize estate and income taxes that occur at your death?
• Do you need assistance with accounting for the assets of a deceased loved one or with administration of the estate?