Estate planning is the process of anticipating and arranging for the disposal of an estate. Estate planning typically attempts to eliminate uncertainties over the administration of a probate and maximize the value of the estate by reducing taxes and other expenses.

Estate planning involves the following:

• Wills
• Trusts
• Beneficiary designations
• Power of appointment
• Property Ownership
• Gift(s)
• Tax deferrals/lowering/eliminating
• Business succession or disposition