Joining me in the episode is Libby Banks with The Law Office of Libby Banks. A noted attorney, Libby focuses exclusively on estate planning, probate, and trust administration. We go over the basics of estate planning: what it is, the importance of having a durable and medical power of attorney, why one should create a will, the process and costs of probate, beneficiary designations on investment accounts and life insurance policies, when having a trust may be appropriate, guardianship and conservatorship for children, and triggers and life events as to when to update your estate plan.