The Estate Planning Pyramid
Estate planning isn’t one-size-fits-all. Your needs—and the needs of your family—depend on your stage of life, assets, goals, and personal circumstances. Think of estate planning like a pyramid to help you understand what kind of plan fits your situation.
Whether you’re just getting started or need more advanced tools, there’s a place for you in the pyramid.
Base of the Pyramid: Basic Estate Planning
Essential Documents Every Adult Needs
The foundation of any good estate plan starts here. This level covers the must-have documents that ensure your wishes are respected and your family can act on your behalf if something unexpected happens.
This includes:
- A Last Will and Testament or basic Living Trust
- Durable Financial Power of Attorney
- Medical Power of Attorney and
- Living Will or Advance Directive
Who it’s for:
Everyone. No matter your age, family structure, or financial situation, having these core documents in place is critical to avoiding confusion, delays, and court involvement in a time of crisis. This is what we provide at Nimble Estate.
Middle of the Pyramid: Comprehensive Estate Planning
Tailored Planning for More Complex Situations
If your life or estate has more layers, a basic plan might not be enough. This level is ideal for those who need a more thoughtful, detailed approach, and want a close working relationship with an experienced attorney.
This may include:
- Customized Living Trusts
- Tax-conscious planning for high-value estates
- Business considerations for rental properties
- Planning to avoid probate in multiple states
- Trusts for blended families or minor children
- Coordination of beneficiary designations
- Ongoing legal guidance and funding support
Who it’s for:
People with higher-value estates, multiple properties, business interests, or unique family dynamics. It’s also a good fit for those who want more guidance and explanation throughout the process.
Top of the Pyramid: Advanced Estate Planning
Specialized Tools for Unique Needs
At the top of the pyramid is the most advanced level of planning. This is for clients who need strategic legal solutions beyond the traditional estate plan. Here, attorneys help protect vulnerable family members, preserve assets, and navigate complex benefits systems.
This level includes:
- Special Needs Trusts
- Medicaid Asset Protection Trusts
- Irrevocable Trusts for long-term care planning
- Charitable planning
- Asset protection for future generations
Who it’s for:
Families with loved ones who have disabilities, individuals planning for long-term care, or anyone looking to preserve wealth across generations in a legally strategic way.
Let’s Build Your Plan Together
Schedule a free consultation to talk through your needs and find the right level of planning for you and your family.
