Estate planning involves:
A) considering how your wealth can be most effectively passed on to your heirs.
B) determining the income you need to maintain.
C) the dissolution of all privately held corporations.
D) the valuation and auctioning of your valuables by hiring a professional tax planner.
E) planning for retirement.

Question

Quizplus · Accepted Answer

Estate planning primarily involves considering how your wealth can be passed on to your heirs in the most effective way possible. Other options such as determining income needs, dissolving corporations or valuing and auctioning valuables may also be a part of estate planning, but they are not the primary focus. Retirement planning may also be closely related to estate planning, but it is a distinct category on its own. Therefore, option A is the best choice.

Estate Planning Involves