Estate planning
Estate planning is the process of anticipating and arranging, during a person's life, for the disposal of their estate. Estate planning can be used to eliminate uncertainties over the administration of a probate and to maximize the value of the estate by reducing taxes and other expenses. The ultimate goal of estate planning can be determined by the specific goals of the client, and may be as simple or complex as the client's needs dictate.Guardians are often designated for minor children and beneficiaries in incapacity.
The law of estate planning overlaps to some degree with elder law, which additionally includes other provisions such as long-term care.