Estate Planning

The general process by which an individual strategizes for the distribution and management of his or her estate through the use of wills, trusts, life insurance and other arrangements in order to minimize administrative costs and tax liability upon incapacity and death. Entire industries of law and accounting exist exclusively to help individuals best arrange their assets to minimize tax consequences, taking into account laws and regulations affecting wills, trusts, property, transfers, and taxes.

Estate Planning Blog

Get useful estate planning insights about wills, trusts, elder law, special needs planning, and more from the estate planning attorneys at TuckerAllen.

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Reference: Estate Planning