Estate planning the process around deciding who will manage and inherit your assets and capital in the event of your incapacitation or death. Its purpose is to ensure your financial assets are allocated to the beneficiaries of your choice. The process also serves to minimise the costs and taxes that may be payable upon death, thus maximising the value of your estate. As part of estate planning, various documents and processes are laid out, including your will and its safekeeping, trust and estate administration, and beneficiary care.
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