Model Estate Planning Act

The Model Estate Planning Act provides a standardized framework for managing and transferring an individual's assets after death. It outlines clear rules for creating wills, trusts, and powers of attorney, aiming to ensure that a person’s wishes are respected and the estate is settled efficiently. The act promotes consistency across states, reduces legal complexities, and minimizes disputes among heirs. Its goal is to facilitate smooth estate transfer processes while safeguarding the interests of beneficiaries and ensuring legal protections are in place for the estate owner’s final wishes.