Estate planning – A process by which an individual designs a strategy and executes a will, trust agreement, or other documents to provide for the administration of his or her assets upon his or her incapacity or death. Tax and liquidity planning are part of this process.

Preparation of Wills, Trusts, or other documents to provide for the administration of the assets of an individual upon their incapacity or death. Tax and liquidity planning are part of this process.