This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation, offer or solicitation for the purchase or sale of any security, financial instrument, or strategy. The information contained in this material does not constitute advice on the tax consequences of making any particular investment decision. Past performance does not guarantee future results. Any assumptions, opinions and estimates are as of the date of this material and are subject to change without notice. The opinions and views expressed do not necessarily reflect the opinions and views of Merrill or any of its affiliates. The material was authored by a third party, DST Retirement Solutions, LLC, an SS&C company ("SS&C"), not affiliated with Merrill or any of its affiliates and is for information and educational purposes only. Not responsible for any errors or omissions. Reproduction in whole or in part prohibited, except by permission. Make sure you think carefully about all of the roles you'll need to have filled. The effectiveness of your estate plan rests in large part on the people you select to take over for you. You can also state desires that might not customarily be included in a will and trust documents. Statements of intent are your opportunity to articulate expectations for your dependents. Statements of intent allow you to lay out your philosophy and preferences for the guardians and trustees who will be asked to carry out your wishes.Like the advance care directive, the power and range of a health care proxy's authority is dictated by state law, which varies widely. A health care proxy lets you designate someone to make choices about your medical care when you are unable to do so.But remember, state laws vary on the strength and enforceability of advance care directives. You can use one to specify the course of your medical treatment at times when you cannot articulate choices for yourself. An advance care directive is the formal name for a living will. Remember that a will is most effective when it's signed by you in the presence of witnesses. A will provides the strongest and most widely recognized platform for expressing your final wishes.
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