CHAPTER 3: Components of an Effective Estate Plan.

Chapter 3 of the book "Your New York Wills, Trusts, & Estates Explained Simply: Important Information You Need to Know for New York Residents," by Linda C. Ashar is presented. It explores the basic components of an effective estate planning that cornform to the laws when wishes would be transformed into action. It details the functions and importance of varied legal documents used in specific estate planning such as a Will, a Will substitute, a Trust, and an Insurance.