Definitions for estate planning
This page provides all possible meanings and translations of the word estate planning
Estate planning is the process of anticipating and arranging for the disposal of an estate during your life. Estate planning typically attempts to eliminate uncertainties over the administration of a probate and maximize the value of the estate by reducing taxes and other expenses. Guardians are often designated for minor children and beneficiaries in incapacity. It overlaps to some degree with elder law, which additionally includes other provisions such as long-term care.
Sample Sentences & Example Usage
Congress never imagined the IRA to be an estate-planning vehicle.
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"estate planning." Definitions.net. STANDS4 LLC, 2016. Web. 6 Feb. 2016. <http://www.definitions.net/definition/estate planning>.