A last will and testament on a table surrounded by scales and a gavel
Curricular Interest Area: Trusts and Estates

Estate planning is the process by which an individual or family arranges the transfer of assets to other persons or entities in anticipation of death. An estate plan attempts to maximize the value of the estate for the intended beneficiaries, mainly by reducing taxes and to preserve flexibility for the individual prior to death.Read more on other areas of curricular interest »

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