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Finance Dictionary and Glossary of Investment Terms
estate planning
Definition 1.
The preparation of a plan of administration and disposition of one's property before or after death, including will, trusts, gifts, power of attorney, etc.
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Definition 2.
The overall planning of a person's wealth, including the preparation of a will and the planning of taxes after the individual's death.
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Definition 3.
An overall strategy that coordinates the disposition of everything you own -- house, bank accounts, investment portfolios, life insurance and retirement plans.
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