Estate Planning at Legal Glossary

What is it? The art of continuing to prosper when youre alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

Law Definition Added By: Sam

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We hope you now understand the meaning of Estate Planning. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Legal Terms:

Law Terms surrogate court is See probate court.

Law Terms garnishment is A court-ordered process that takes property from a person to satisfy a debt. For example, a person who owes money to a creditor may have her wages garnished if she loses a lawsuit filed by the creditor. Up to 25% of a persons wages can be deducted.

Law Terms equitable estoppel is See estoppel.

Law Terms disability benefits is Money available from Social Security to benefit those under 65 who qualify because of their work and earning record and who meet the programs medical guidelines defining disability. The benefits are roughly equal to those available in Social Security retirement benefits.

Law Terms aggravating circumstances is Circumstances that increase the seriousness or outrageousness of a given crime, and that in turn increase the wrongdoers penalty or punishment. For example, the crime of aggravated assault is a physical attack made worse because it is committed with a dangerous weapon, results in severe bodily injury or is made in conjunction with another serious crime. Aggravated assault is usually considered a felony, punishable by a prison sentence.