Estate planning is a comprehensive process that includes creating wills, trusts, designating a power of attorney, and planning for incapacity or special needs to ensure your assets are protected and distributed according to your wishes.

A will is crucial as it specifies your wishes regarding how your assets should be distributed after your death, ensuring your estate is managed according to your desires and providing clear guidance to your loved ones.

A trust is a legal arrangement allowing a third party, or trustee, to hold assets on behalf of a beneficiary. Unlike a will, a trust can offer benefits like avoiding probate, providing for minor children, and managing assets for beneficiaries with special needs.