Estate planning is the process of arranging and planning for the management and distribution of an individual's assets after their death. It involves creating a plan to ensure that the individual's assets are distributed according to their wishes and in a manner that is tax-efficient and minimises the potential for disputes or legal challenges.

An estate plan typically includes several legal documents such as a will, trust, power of attorney, and advanced health care directive. These documents are designed to address various aspects of the individual's life, including the management of their assets, their healthcare preferences, and the distribution of their assets after their death .

Estate planning is not just for the wealthy or elderly. Anyone who has assets or minor children should have an estate plan in place. Estate planning allows individuals to make important decisions about their future and ensure that their wishes are carried out even after their death. It can also provide peace of mind for individuals and their loved ones.