4 Elements of an Estate Strategy Learn about the importance of having an estate strategy in this helpful and informative video. Related Content Teen Drinking and Your Liability Drinking may be a “rite of passage” for teens, but when it occurs in your home you may be held responsible for their actions. Breaking Down the Parts of Medicare Medicare is broken down into four specific parts—but what do they mean? This article will help you understand each piece. Risk Perspective Is it possible to avoid loss? Not entirely, but you can attempt to manage risk.