Estate Advisor

Business, Legal & Accounting Glossary

Definition: Estate Advisor


Quick Summary of Estate Advisor


Estate Advisors determine how your assets will be distributed in the event of your death or physical or mental incapacitation. Without proper estate planning your assets may not be distributed to your heirs in the desired manner. Common elements include appointing a power of attorney and determining whether a trust should be set up. Creating a will keeps your assets out of the probate process. It is also important to know the pertinent tax implications.




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https://payrollheaven.com/define/estate-advisor/
Modern Language Association (MLA):
Estate Advisor. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 23, 2021 https://payrollheaven.com/define/estate-advisor/.
Chicago Manual of Style (CMS):
Estate Advisor. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/estate-advisor/ (accessed: September 23, 2021).
American Psychological Association (APA):
Estate Advisor. PayrollHeaven.com. Retrieved September 23, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/estate-advisor/

Definition Sources


Definitions for Estate Advisor are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 3 Views.