estate planning

Definition

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.

Use estate planning in a sentence

We had to do some estate planning first and then we would go out for some lunch at a restaurant.

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You should try and have good estate planning so that you will not have any money worries in the future.

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The estate planning was handled by a law firm we have worked closely with for years on a variety of cases.

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