estate planning

Definition of "estate planning"
  1. Process of organizing how a person's assets and affairs will be managed or divided after their death or during their incapacitation
How to use "estate planning" in a sentence
  1. His knowledge in estate planning helped him secure his family's financial future.
  2. Estate planning is necessary to ensure smooth transition of assets after a person's death.
  3. The lawyer advised everyone, regardless of their wealth, to engage in estate planning.

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