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Estate Planning

Definition - What does Estate Planning mean?

Estate planning is a term that can simply be defined as the process of flourishing in what you do throughout your life (especially in monetary terms) and then transferring your assets (what you have acquired throughout your life) to your loved ones without much of a hassle and spending too much.

Justipedia explains Estate Planning

Estate planning usually involves buying insurance, making gifts, creating a will, deciding on durable power of attorney (finances), healthcare directives, living trust and other important documents.

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