Chapter 13
Estate planning
Animals have these advantages over man: they never hear the clock strike, they die without any idea of death ... their funerals cost them nothing, and no-one starts lawsuits over their wills.
Voltaire, philosopher
Estate planning is a very important part of the financial planning process, but it is often neglected. Often people don’t care what happens to their assets when they are gone, but estate planning is so much more than dealing with your assets when you are no longer on the planet. Estate planning is about how you structure your assets while you are still alive and about gaining an understanding of what happens in the event that you are unable to make decisions, sign documents or act of your own accord. It ...
