TEP-Talk: Estate planning for Dummies
For those who think that estate planning is all about avoiding or minimising the inheritance tax. It is that as well but much more.
Estate Planning is also about
- planning for young children
- making sure that what you have goes to who you want,
- making sure that the children do not get your estate too early
- defusing family conflicts
- managing your finances when you can’t anymore
- lasting powers of attorney
- living wills
- and much more.