[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.amorusolaw.com\/blog\/definition-of-estate-planning-rye-brook-ny-greenwich-ct\/#BlogPosting","mainEntityOfPage":"https:\/\/www.amorusolaw.com\/blog\/definition-of-estate-planning-rye-brook-ny-greenwich-ct\/","headline":"Definition of Estate Planning","name":"Definition of Estate Planning","description":"Estate planning is the process of legally structuring the future disposition of current and projected assets. Estate planning is many things. In order to present a solid definition of this particular type of planning, a recent Forbes article posed the question, \u201cWhat Is Estate Planning?\u201d. The article concludes that \u201cEstate planning is the process of […]","datePublished":"2013-11-27","dateModified":"2024-03-20","author":{"@type":"Person","@id":"https:\/\/www.amorusolaw.com\/blog\/author\/amorusolaw\/#Person","name":"Amoruso & Amoruso LLP","url":"https:\/\/www.amorusolaw.com\/blog\/author\/amorusolaw\/","identifier":5,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/12de032c04195e9c39a06a6d6eea182f7b4fa655c20e245f8094a244b5cdd0cb?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/12de032c04195e9c39a06a6d6eea182f7b4fa655c20e245f8094a244b5cdd0cb?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Amoruso & Amoruso LLP","logo":{"@type":"ImageObject","@id":"https:\/\/www.amorusolaw.com\/wp-content\/uploads\/2023\/07\/amoruso-logo.svg","url":"https:\/\/www.amorusolaw.com\/wp-content\/uploads\/2023\/07\/amoruso-logo.svg","width":0,"height":0}},"image":{"@type":"ImageObject","@id":"https:\/\/www.amorusolaw.com\/wp-content\/uploads\/2023\/04\/6a01901dd0a082970b01a3fafd859a.jpg","url":"https:\/\/www.amorusolaw.com\/wp-content\/uploads\/2023\/04\/6a01901dd0a082970b01a3fafd859a.jpg","height":566,"width":849},"url":"https:\/\/www.amorusolaw.com\/blog\/definition-of-estate-planning-rye-brook-ny-greenwich-ct\/","about":["Estate Planning"],"wordCount":237,"keywords":["Estate Planning"],"articleBody":"Estate planning is the process of legally structuring the future disposition of current and projected assets.Estate planning is many things. In order to present a solid definition of this particular type of planning, a recent Forbes article posed the question, \u201cWhat Is Estate Planning?\u201d.The article concludes that \u201cEstate planning is the process of legally structuring the future disposition of current and projected assets.\u201d The operative words in this definition of sorts are \u201cstructure\u201d and \u201cprocess.\u201d\u201cStructure\u201d is an essential component of your estate plan. Why? Because, much like a building, estate planning requires putting many diverse things into place to accomplish a goal. A building can be an office, or a home, or a retreat, depending on the pieces you choose and where you choose to put them. Consequently, your estate plan can structure your assets to protect them from creditors, to duck beneath a tax ceiling, and to protect your loved ones for years to come. In essence, like a good building, your estate plan can perform many functions.Likewise, \u201cprocess\u201d is equally essential. Unlike a static building, your estate plan is constantly building, sometimes evolving, and sometimes outright changing course completely. In this light, estate planning is abstractly simple. Accordingly, you must keep your estate plan current with the many changes in your life, the lives of our loved ones and the plans you have made.Reference: Forbes (November 4, 2013) \u201cWhat Is Estate Planning?\u201d"},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog","item":"https:\/\/www.amorusolaw.com\/blog\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"Definition of Estate Planning","item":"https:\/\/www.amorusolaw.com\/blog\/definition-of-estate-planning-rye-brook-ny-greenwich-ct\/#breadcrumbitem"}]}]