https://www.khanacademy.org/math/financial-mathematics-tx-teks/x647545bbd61df4a7:insurance/x647545bbd61df4a7:estate-planning-and-legal-instruments/v/estate-planning-introduction 2023-05-31T17:10:09.943972283Z Estate planning introduction Estate planning is when you make a plan for what will happen to your things, like your money or your house, after you pass away. This helps make sure your wishes are followed and can make things easier for your family. Sal Khan video https://cdn.kastatic.org/ka_thumbnails_cache/456cc6a3-3ba3-43f5-aaab-6aa0887cd584_1280_720_base.png Estate planning introduction Estate planning is when you make a plan for what will happen to your things, like your money or your house, after you pass away. This helps make sure your wishes are followed and can make things easier for your family. https://cdn.kastatic.org/ka-youtube-converted/VcDCRPWgnbM.mp4/VcDCRPWgnbM.mp4 342 Estate planning and legal instruments https://www.khanacademy.org/math/financial-mathematics-tx-teks/x647545bbd61df4a7:insurance/x647545bbd61df4a7:estate-planning-and-legal-instruments/a/estate-planning 2023-11-28T15:09:51.614302198Z What is estate planning and why is it important? Estate planning is making a plan for what happens to your belongings, like money and property, after you die. Without a plan, there can be confusion and problems for those left behind. article https://www.khanacademy.org/math/financial-mathematics-tx-teks/x647545bbd61df4a7:insurance/x647545bbd61df4a7:estate-planning-and-legal-instruments/a/guardianship-of-minor-children-wills-and-beneficiary-designation 2023-10-23T15:29:12.039254627Z What are guardianship of minor children, wills, and beneficiary designation and why are they important for estate planning? Estate planning is making a plan for what happens to your stuff when you're not around anymore. You might have learned about why it's important, but now let's talk about how to come up with an estate plan. We'll learn about wills, beneficiary designation, and guardianship of minor children. article https://www.khanacademy.org/math/financial-mathematics-tx-teks/x647545bbd61df4a7:insurance/x647545bbd61df4a7:estate-planning-and-legal-instruments/e/estate-planning 2023-06-01T16:03:13.687014675Z Estate planning Practice your understanding of key estate planning terms, including wills, beneficiary designation, and guardianship of minor children. Elvira Valdez exercise https://www.khanacademy.org/college-careers-more/financial-literacy/xa6995ea67a8e9fdd:insurance/xa6995ea67a8e9fdd:estate-planning-and-legal-instruments/v/power-of-attorney-living-will-and-medical-directive 2025-03-07T20:38:25.186060825Z Power of attorney, living will and medical directive A power of attorney (POA) lets someone make legal or financial decisions for you. A living will states your medical treatment wishes if you can't communicate. A medical directive includes a living will and may also name someone to make healthcare decisions for you. Sal Khan video https://cdn.kastatic.org/ka_thumbnails_cache/fa6e0072-bc55-4d27-87b2-2eff3c34b33d_1280_720_base.png Power of attorney, living will and medical directive A power of attorney (POA) lets someone make legal or financial decisions for you. A living will states your medical treatment wishes if you can't communicate. A medical directive includes a living will and may also name someone to make healthcare decisions for you. https://cdn.kastatic.org/ka-youtube-converted/W6aIk5QpcxU.mp4/W6aIk5QpcxU.mp4 247 Estate planning and legal instruments https://www.khanacademy.org/college-careers-more/financial-literacy/xa6995ea67a8e9fdd:insurance/xa6995ea67a8e9fdd:estate-planning-and-legal-instruments/a/what-are-power-of-attorney-living-will-and-medical-directive 2025-02-28T18:18:04.211103502Z What are power of attorney, living will, and medical directive? Thinking about the future, especially worst-case scenarios, isn’t exactly fun. But here’s the thing: life is unpredictable. If something happens where you (or a loved one) can’t make decisions, who steps in? What happens with medical care, finances, or other important matters? That’s where legal tools like power of attorney, living wills, and medical directives come in. article https://www.khanacademy.org/college-careers-more/financial-literacy/xa6995ea67a8e9fdd:insurance/xa6995ea67a8e9fdd:estate-planning-and-legal-instruments/e/power-of-attorney-living-will-and-medical-directive 2026-04-08T00:54:09.631945657Z Power of attorney, living will, and medical directive Practice understanding of power of attorney, living will, and medical directive, as well as understanding of importance of having them. Elvira Valdez exercise