Estate planning is the process of controlling your assets during your life as well as at your death. Your estate plan should focus on three objectives. Those objectives are: 1) to ensure that your assets will provide you with the necessary income and resources upon which to live, 2) to ensure that upon your death, your assets go to the people and/or organizations you intended, and 3) to minimize your estate tax, fees, and any associated court costs.
|Organization||University of Minnesota Extension|
|Publisher||University of Minnesota|
|Publication Date||August, 2017|
|Material Type||Written Material|