Estate planning is a legal process involving preparing documents and strategies to manage and distribute a person’s assets after their death, ensuring their wishes are honored and minimizing tax burdens. It typically includes creating a will, setting up trusts, designating beneficiaries for retirement accounts and life insurance policies, and establishing durable powers of attorney and healthcare directives.

Estate planning also involves strategies to reduce or eliminate estate taxes and to avoid probate, the legal process of distributing assets, which can be lengthy and costly.

Florida asset protection attorneys Jon Alper and Gideon Alper, part of Alper Law