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Estate Panning The term Estate Planning refers to how you plan for your assets after death. Everyone who is at least 18 years of age should conduct some sort of estate planning, if only to make matters
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Estate planning is the process of arranging for the disposal of one's assets after death.
Anyone who wishes to ensure their assets are distributed according to their wishes after their death should consider estate planning.
To fill out estate planning, individuals can consult with an estate planning attorney or financial advisor to help draft documents such as wills, trusts, and powers of attorney.
The purpose of estate planning is to ensure that an individual's assets are passed on to their chosen beneficiaries in a tax-efficient and orderly manner.
Information such as assets, liabilities, beneficiaries, and instructions for distribution of assets must be reported on estate planning documents.
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