Question: What do I need to know about estate planning?
ChatGPT: Estate planning is an important step in ensuring that your assets are distributed according to your wishes after your death. One strategy is to create a will, which outlines your wishes for the distribution of your assets. You can also consider creating a trust, which can provide additional control over how your assets are distributed and can potentially reduce estate taxes. Additionally, it's important to consider other estate planning needs, such as naming a guardian for minor children and designating someone to make healthcare decisions on your behalf if you become incapacitated. Would you like more information on any of these estate planning options or considerations?
