Estate Planning Basics Referaat
,,Estate Planning"
essentially means two things. First, it means deciding who gets your property after you die
and choosing the wisest legal transfer methods for leaving your property to those you want to
receive it. Second, it means makeing some important personal decisions, such as who will
provide care for your young children, if you have any, if anything happens to you and the
children´s other parent, and who should make medical and financial decisions for you if you
someday become incapacitiated and unable to handle things yourself.
A First Look at Estate Planning
Who needs to bother with estate planning? Here´s short answer:
· Anyone who owns property that matters to them
· Anyone with a minor child (under 18)
If you have a minor child, or children, you automatically have estate planning concerns. It
doesn´t go for Estonia.
The first step in creating a sound estate plan is to look realistically at your unique personal
situation. You could start with a few questions: