Estate planning is the process of arranging the distribution of the assets of a person when he or she passes away. The word ‘estate’ means net worth of a person in life as well as after passing away. It is the sum of assets including legal rights, interest on property as well as financial entitlements, …
Wealth distribution (Estate Planning) is an important component of comprehensive financial planning. The intentions of how one’s assets are to be distributed are captured in legal structures like Wills and Trusts. In addition, I would advise clients to consider putting in place a Lasting Power of Attorney (LPA) and even an Advanced Medical Directive (AMD). …
