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Estate planning (Part 1): What is estate planning?

What is estate planning and why is it important?

Estate planning involves creating a plan to protect or distribute your assets after your death. It protects the people you want to benefit, and ensures that your wealth can be preserved the way you want it to be without dispute.

In this video, you will learn the fundamentals of estate planning and why it is important, with clear examples to illustrate these points.

Your wealth is accumulated throughout your lifetime. Learn the basics so that you can update your estate plans as you progress.



Lesson Quiz

If you’ve not prepared your estate plan, what circumstance would most likely happen?

Will-writing is simple and can be done by?