
Estate Planning: Planning For Your Future
Estate planning is the process of planning the distribution and management of your assets and to delegate responsibilities in the event of your death or incapacitation. It may include a will or trust, but is more advanced and helps to also ensure that tax responsibilities are addressed and minimized for the beneficiaries. The first step in estate planning is to inventory all of your assets to determine what exactly your estate includes. Your assets not only include physical assets such