estate planning

estate planning definition - finance
Creating an orderly plan to disperse a personÂ’s assets upon the personÂ’s death. Estate planning involves writing a will, creating trusts, and consulting with a tax planner to minimize estate taxes.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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