Estate Planning

Definition of Estate Planning

That branch of the law which, in arranging a person’s property and estate, takes into account the laws of wills, taxes, insurance, property, and trusts so as to gain maximum benefit of all laws while carrying out the person’s own wishes for the disposition of his property upon his death.

That's the definition of Estate Planning in Black's Law Dictionary 6th Edition. Courtesy of Cekhukum.com.