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9 Estate Planning
Estate Planning Overview
Estate planning is about planning who gets what assets, at what time and in what manner upon your death (or disability).
Two key areas of estate planning are managing taxation and asset protection.
Many people have estate plans in place. However, they may not be aware of the hidden taxation consequences of their plans.
People generally consider who gets what when they die, however they sometimes have not thought about the tax consequences.
This module explores the taxation outcomes for different estate planning solutions, as well as other important matters, such as powers of attorney and testamentary trusts.