• Entry
  • Reader's guide
  • Entries A-Z
  • Subject index

Estate Planning

Estate planning is the act of preparing for the transfer of one’s wealth and assets to other persons or institutions after one’s death. A person’s assets would generally include securities, real estate, business interests, physical possessions, death benefits of life insurance policies, and cash. Special needs estate planning is a subdomain of estate planning and requires the knowledge of carefully selected and trusted lawyers and financial planners who are specialists in planning for the future of individuals who have a disability.

Parents of a child who has special needs, whatever the parents’ ages or levels of wealth, may find it beneficial to have their own estate plan drawn up to ensure that their loved one’s financial future is secure. Simply leaving money to an individual to ...

    • Loading...
    locked icon

    Sign in to access this content

    Get a 30 day FREE TRIAL

    • Watch videos from a variety of sources bringing classroom topics to life
    • Read modern, diverse business cases
    • Explore hundreds of books and reference titles