Every person should have an estate plan in place. The benefits of even the most basic of estate plans outweigh the costs. An estate plan will ensure family members and friends know your answers to several important issues, including who should act as personal representative of your estate and how assets should be divided. Your loved ones will also know you contemplated those sensitive matters and made your last wishes known. In Idaho, a basic estate plan will typically consist of three documents:
- a will or trust;
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