A smooth succession in a local business or the distribution of your family assets requires putting everything in writing and not leaving the decision to the courts. Two important documents can help make sure your wishes are met after you die. Attorney Bob Ross of Ross Estate Planning in Sturgeon Bay explains the major differences between a simple will and an estate plan.
Ross adds that an estate plan requires conversations with family members and even your doctor. He says that way any end-of-life decisions are made in advance and your wealth and values are passed on to your family members.