A well-rounded estate plan typically includes a Last Will and Testament, which specifies how your assets will be distributed after your death and appoints guardians for minor children if necessary. Additionally, residents often create a Living Trust to avoid probate and provide privacy for their estate distribution. Other crucial documents include a Durable Power of Attorney, Healthcare Power of Attorney, and Living Will, which grant authority to trusted individuals to make financial and medical decisions on your behalf if you become incapacitated.