So each estate plan will have to be reviewed individually.

Families with large businesses still need sophisticated succession and estate plans.

People at all economic levels benefit from an estate plan.

One possibility is for the child to say: "I just did my own estate plan.

Read on to find out how each element of an estate plan works.

Rather, it should be part of an overall estate plan.

"The attacks reminded people they needed an estate plan," he said.

It's possible to change a will and update an estate plan whenever you want.

As part of an estate plan, he set up a will with a bypass trust.

Still, this is a good time of year for everyone to re-evaluate estate plans.