Personal Financial Planning – Estate Planning
Saturday, March 6th, 2010Estate planning addresses lifetime needs like permanent mental or physical disability and post-death arrangements.The objectives are unique to the individual but generally include: - Distribution of property in accordance to one's wishes - Sufficient liquidity to pay off debts - Appointment of executors - Security for dependents - ContingenciesThe 4 step process: (1) Determine goals (2) Preparation ...
