estate planning

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Estate planning is the process of anticipating and arranging, during a person's life, for the management and disposal of that person's estate during the person's life, in the event the person becomes incapacitated and after death. The planning includes the bequest of assets to heirs and may include minimizing gift, estate, generation skipping transfer, and taxes. Estate planning includes planning for incapacity as well as a process of reducing or eliminating uncertainties over the administration of a probate and maximizing the value of the estate by reducing taxes and other expenses. The ultimate goal of estate planning can only be determined by the specific goals of the estate owner and may be as simple or complex as the owner's wishes and needs directs. Guardians are often designated for minor children and beneficiaries in incapacity.

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    NSW Waiting for Distribution of Deceased Estate Funds

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    VIC Sale of House of Mum's Estate - Approval of All Beneficiaries Needed?

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  4. K

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    NSW Family Provision Claim on a Foreign Will?

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    NSW Estate Planning - Verbal Agreement about Mortgage Repayments

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  7. S

    NSW Trustee of Will - Does Payment of Debts Cover Mortgage?

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    VIC Bequest in Will Made to Niece - Affected by Her Surname Change?

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  9. D

    NSW Deceased Estate - Can Nephew of Deceased Continue Occupying the Property?

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  10. R

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