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What
Is Estate Planning
Estate Planning
starts with an analysis of ---
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Your
assets
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Your
liabilities
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Your present
and future needs and desires
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The present
and future needs and desires of your family and
relatives
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Your and
their future prospects.
Estate planning
consists of planning and structuring your assets to meet
those needs and desires. Some of the considerations are
--
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Determining
who is to get your assets
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Naming the
executor of your will
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Naming the
trustee of any trusts you may create
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Naming the
guardian of your children, if both you and your spouse
die
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Naming
someone who will care for you and your assets if you are
disabled.
Wealth
building
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Providing for
your children's education
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Providing
insurance coverage for illness, disability or
death
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Providing for
investment and management of your assets after your
death
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Tax planning
to reduce income and estate taxes
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Avoiding
probate.
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to List of Topics
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See
My Probate Web Site
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See
My Business Law Web Site
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See
My Securities Arbitration Web
Site
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