Legal Planning
/ˈliːgəl ˈplænɪŋ/
Definitions
- (n.) The process of organizing one’s legal affairs to achieve desired objectives, often involving estate, tax, business, or risk management.
Effective legal planning can minimize estate taxes and ensure assets are distributed according to the client’s wishes.
Related terms
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Commentary
Legal planning is a broad, proactive practice encompassing multiple subfields; clarity on the context (e.g., estate or business) enhances precision in drafting or advising.
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.