Financial Foundations

Estate Planning

estate planning

Estate planning involves making plans for the transfer of your estate after death. Your estate is all the property that you own. It can include cash, clothes, jewelry, cars, houses, land, retirement, investment and savings accounts. Estate planning usually has several objectives and goals, which include making sure most of the estate is transferred to your beneficiaries, paying the least amount of taxes on your estate and assigning guardians for minor children, if any.