Every estate plan must have a solid foundation. In most cases, this includes drafting and executing documents that address the core needs of an individual, couple, or family. Wills and living trusts are created to address wealth succession and care for minors or dependents. Durable powers of attorney and advanced health care directives designate financial and health care representatives in the event that you become incapacitated. Pet trusts provide for your pets in the event that you become incapacitated or pass away.