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Estate planning |
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Estate planning: as commonly misunderstood this is not about buying/selling of estates but managing the estates
during lifetime
& passing it to nominees
after death.
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Instruments of estate planning |
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1.
Power of attorney (during lifetime) |
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2.
Will |
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3.
Succession certificate |
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4.
Letter of administration |
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5.
Trusts |
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6.
Administration of debts & bankrupt estates |
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