Estate planning basics for families

Chapter 1

Writing down your wishes with a will

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Chapter 2

The magic of trusts and protecting assets

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Chapter 3

Healthcare and decisions when it matters most

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Chapter 4

Digital legacies and modern planning

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YOUR GOAL

Master of Estate planning basics for families

Ch 1 · Writing down your wishes with a will

My Tomorrow Map

hank My Tomorrow Map

hank Choosing the guardians who raise the kids

hank The role of an executor in managing details

hank How a basic will speaks for you

hank What happens when a will goes to probate

hank Your Wishes and a Will

Lead: "Who gets your treasured things?" Response: "You decide!" Lead: "Your will a clear message brings!" Response: "For your family's guide!"

The role of an executor in managing details

hank The role of an executor in managing details

Fun Fact

Ancient Roman wills: In ancient Rome, failing to leave a valid will was considered a major social disgrace.

Choosing the guardians who raise the kids

hank Choosing the guardians who raise the kids

Glossary

will (noun)
A legal document expressing a person's wishes regarding the distribution of their property after death. In 2061 BC, Nek'ure, an Egyptian prince, created the oldest known written will to distribute his estate.

Quiz

What is the name of the court-supervised process that validates a will?

Gossip

Who would you trust most to execute your will?

Quiz

What is the legal term for dying without a valid will?

Quiz

What is a codicil in the context of estate planning?

Quiz

What happens to a person's minor children if both parents pass away without naming a guardian in a will?

Quiz

At what age do most jurisdictions allow an individual to write a legally binding will?

Quiz

Who is the person responsible for carrying out the instructions written in a will?

Quiz

Why might someone want to avoid the probate process for their estate?

Quiz

Which historical civilization is credited with creating some of the earliest written wills around 400 BCE?