Estate planning is the process of anticipating and arranging for the disposal of an estate. 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.
Read more about Estate Planning: Devices, Remainder, Tax, Mediation, Estate Planner, Designation of An IRA Beneficiary
Famous quotes containing the words estate and/or planning:
“I ‘gin to be aweary of the sun,
And wish th’ estate o’ the world were now undone.”
—William Shakespeare (1564–1616)
“When we are planning for posterity, we ought to remember that virtue is not hereditary.”
—Thomas Paine (1737–1809)
Related Phrases
Related Words