What are the advantages of a 529 college savings plan?
What are my needs for burial and final expenses?
How much retirement income might my 401(k) provide?
How much should I save to reach my goal?
In the past, trusts were often used to avoid estate taxes, but that purpose has become less important for most people with current high exemption amounts. However, a properly constructed trust can serve many other purposes for families of more modest means.