what is estate planning

Best answer


Estate planning is the legal and financial process ofassing the baton?to the next generation. It making sure that responsibility and wealth are transferred to the right people in the right way. You don want the handoff to be sloppy.

People also ask


  • What is the purpose of estate planning?

  • Updated Jun 25, 2019. Estate planning is the preparation of tasks that serve to manage an individual’s asset base in the event of their incapacitation or death. The planning includes the bequest of assets to heirs and the settlement of estate taxes.

  • What is included in the estate planning process?

  • Estate planning is the preparation of tasks that serve to manage an individual’s asset base in the event of their incapacitation or death. The planning includes the bequest of assets to heirs and the settlement of estate taxes. Most estate plans are set up with the help of an attorney experienced in estate law. Estate Planning Basics.

  • What is’estate planning’?

  • Estate Planning. What is ‘Estate Planning’. Estate planning is the preparation of tasks that serve to manage an individual’s asset base in the event of their incapacitation or death.

  • What is the difference between a planner and an estate plan?

  • A planner has years of education and experience, while you usually only do this once. Estate planning laws are very specific and vary state by state. One mistake and your whole plan could be invalid or work differently than you want.

    Similar Posts

    Leave a Reply

    Your email address will not be published.