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Common estate planning tools include wills, trusts, powers of attorney, advance healthcare directives, and beneficiary designations. The goal of estate planning is to ensure your wishes are clearly expressed, reduce confusion or conflict among family members, minimize legal costs and delays (such as probate), and provide peace of mind that your affairs are in order.

Legal guardianship is a court-ordered arrangement in which the guardian  is given the legal authority and responsibility to care for another person (the ward) who is unable to fully care for themselves. This authority can include making decisions about personal, medical, educational, and sometimes financial matters.

Conservatorships are most commonly focused on financial and property management, such as paying bills, managing investments, and protecting assets, though some also include authority over personal decisions.