Estate Planning

Most of the time people believe that  creating a will or having a trust to take care of one’s assets and family is estate planning. The answer is not wrong but it is not entirely right either. Estate Planning is not only about the next generation, it is about you, your beneficiary, and your society. People spend all their life in asset accumulation, asset preservation, and asset distribution. A major part of their life goes away in paying EMIs and creating assets, which they will not be using but rather distributing to their children later.