Which activity is part of estate planning?

Executing a will is a fundamental aspect of estate planning. This activity encompasses the preparation and formal signing of a will, which is a legal document that outlines how a person's assets and affairs are to be handled after their death. A well-executed will ensures that a person's wishes are honored, provides clarity about asset distribution, and can help minimize disputes among heirs.

In the realm of estate planning, the execution of a will is crucial because it is one of the primary tools individuals use to express their intentions regarding their property and guardianship of minor children. Properly executing a will, which includes adhering to state laws regarding witnessing and notarization, ensures that it is legally valid and enforceable, thereby facilitating a smoother transition of the decedent's estate according to their wishes.