Planning for the future is an important step for every family. At Taylor, Minnette, Schneider & Clutter, we help clients create comprehensive estate plans that protect their loved ones, preserve assets, and provide peace of mind. Here are five estate planning documents every family should have in 2026.
1. Last Will and Testament
A will outlines how your assets will be distributed after your passing and can designate guardians for minor children. Without a will, state laws determine the distribution of your estate, which may not reflect your wishes.
2. Revocable Living Trust
A trust allows you to manage and distribute assets during your lifetime and after your death, often avoiding probate. It can provide flexibility and privacy while reducing delays in asset distribution.
3. Durable Power of Attorney
A trust allows you to manage and distribute assets during your lifetime and after your death, often avoiding probate. It can provide flexibility and privacy while reducing delays in asset distribution.
4. Healthcare Power of Attorney and Living Will
These documents allow you to name a trusted person to make healthcare decisions for you and outline your medical preferences in situations where you cannot communicate them yourself.
5. Beneficiary Designations
Certain assets, such as retirement accounts and life insurance policies, pass directly to named beneficiaries. Keeping these designations up to date is crucial to ensure your wishes are honored.
At Taylor, Minnette, Schneider & Clutter, we guide families through these documents and the estate planning process, helping ensure every plan is thorough, legally sound, and aligned with each client’s unique needs.
Start the year with confidence by taking steps to protect your family’s future. Contact us today to schedule a consultation with an experienced estate planning attorney.