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Estate planning — plain English.

Guides and glossary entries that explain what every term means, why it matters, and what to do about it.

Featured guide

5 min read

What happens if you die without a will?

More than half of American adults have no will. Here's what intestacy law does to your estate — and why it rarely matches what you'd have chosen.

Glossary

Estate planning terms explained

10 terms — updated 2026

Probate

Probate is the court process for distributing a deceased person's estate. Learn what it costs, how long it takes, and how to avoid it.

Living Trust

A living trust lets your assets pass to family without probate court. Learn how it works, when you need one, and how it differs from a will.

Executor

An executor carries out your will after death. Learn what executors do, how to choose one, and why naming a backup matters.

Beneficiary

A beneficiary receives your assets after death. Learn how beneficiary designations work, why they override your will, and how to keep them current.

Power of Attorney

A power of attorney names someone to manage your finances if incapacitated. Learn the difference between durable and regular POA and why it matters.

Healthcare Directive

A healthcare directive tells doctors your wishes and names someone to make medical decisions for you. Learn how it works and why every adult needs one.

Intestate

Intestate means dying without a will. Learn how states distribute assets under intestacy laws and why everyone needs a will regardless of wealth.

Per Stirpes

Per stirpes means a deceased beneficiary's share passes to their children. Learn how this Latin term works and why it matters in your will.

Holographic Will

A holographic will is entirely handwritten and signed. Learn which states recognize them, why they're risky, and when a typed will is stronger.

Self-Proving Affidavit

A self-proving affidavit is a notarized statement that makes probate easier. Learn what it is, how to get one, and why it's worth the extra step.

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