Are you curious what some of the components of a basic estate planning package with Clayton & Clayton involve? Some quick definitions follow, but as always, feel free to reach out to us your questions.
You don’t need to live in the Biltmore House, have a vacation home, or have a private art collection big enough to rival MOMA to consider yourself the owner of an estate. In fact, virtually anyone who owns anything has an “estate” in the eyes of the law. Although the term may conjure images of mansions and flashy cars, for the purposes of estate planning law, the term “estate” covers a whole lot more.
