What Is Estate Planning?

Estate planning is the process of making legal decisions about what happens to your assets, your finances, and your care if something happens to you. It’s not just about what happens after you pass away—it also protects you during your lifetime.

A complete Minnesota estate plan typically includes:

• A Will – Decides who inherits your assets and who will manage your estate.

• Power of Attorney – Allows someone you trust to handle your finances if you can’t.

• Health Care Directive – Lets you choose who makes medical decisions for you and outlines your care preferences.

• Trusts (if needed) – Helps avoid probate, protect assets, and plan for taxes or long-term care.

Estate planning gives you control, protects your loved ones, and prevents confusion or court involvement during already stressful times.

Everyone—no matter their age, wealth, or family structure—benefits from having a solid estate plan.