Estate Management 101 A will may be only one of the documents you need—and one factor to consider—when it comes to managing your estate. Share | Related Content Exit Strategies of the Rich and Famous Estate conservation is too important to put off. Do you have a smart exit strategy? When Heirs are Imperfect The money problems or bad lifestyle habits of adult children could lead to the squandering of any inheritance they receive. Principles of Preserving Wealth How federal estate taxes work, plus estate management documents and tactics.