What does Estate Planning Encompass?- Pragyan Article 2

News Photo

“प्रज्ञा

Means of Wisdom

In the earlier Pragyaan we took you through the basics of Estate Planning and briefly discussed about its methods. In this edition, we will take you through the tools of Estate Planning.

“In spite of all possible planning we forget to plan for UNSEEN, UNKNOWN…..UNEVENTFUL.”

 

 

TOOLS OF ESTATE PLANNING

 

There are various tools of Estate Planning. However, the most common ones used in India are:

  • Will
  • Trust

 

WHAT IS A WILL?