Financial Planning
/ˌfaɪˈnænʃəl ˈplænɪŋ/
Definitions
- (n.) The process of organizing and managing financial affairs, including budgeting, saving, investing, and estate planning, often relevant to legal compliance and fiduciary duties.
Effective financial planning helps individuals minimize tax liabilities and ensure legal compliance with estate laws.
Forms
- financial planning
Related terms
See also
Commentary
In legal contexts, financial planning often intersects with fiduciary responsibilities and estate law; clarity about jurisdictional compliance is crucial.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.