The brightness of estate planning is not limited to its doer; it extends its benefits to the next generation. The children are supposed to pay quite less taxes for the property inherited from their parents. The couples can reduce much or even all federal and state estate taxes. This scenario leaves huge amount for personal pleasures and planning for retirement. There was a time when people in their 50s used to think about these issues but now rise of education has made young people passionate about arranging as well as anticipating situations of future in their own way. Moreover, estate planning allows a person to decide the distributor of his property along with the extent dose. It is just an effort to love your family. It diminishes any chance of arguments among many heirs. Your decision at your lifetime would remain intact at the time of application of your will and desires. In the crowd of fulfilling several responsibilities; one has to leave its wishes. This l...