Estate planning is a process.
It involves people -your family, other individuals and in many cases charitable organizations of your choice. It also involves your assets and all the various forms of ownership and title that those assets may take. When certain assets will be transferred to others, either during your lifetime, at your death, or sometime after your death To whom those assets will pass Estate planning also addresses your welfare and needs, planning for your own personal care and health care if you are no longer able to care for yourself. Like many people, you may at first think that estate planning is simply the writing of a will. But it encompasses much more.