What Are the Most Common Estate Planning Strategies?

You can make non-taxable lifetime gifts of property (within limits).

1

You can retitle property, so that it automatically passes to another person(s) upon your death without going through probate.

2

You can create and execute dispositive documents, such as a will or trust, to identify how your property will be distributed upon your death.

3

An Introduction to Estate Planning for Young Adults

What Is the Purpose of Estate Planning? What Are the Common Tools of Estate Planning? Why Should You Have an Estate Plan?