ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Estate planning in simple terms refers to the passing assets / investments down from one generation to another. You decide how much of your estate – be it property(s), car(s), personal accolades, financial investments, etc. – you want to pass on to whom and how, after your demise.

Detailed explanation-2: -Estate planning is the process of planning for the accumulation, preservation and transfer of wealth both during life and at death. Our attorneys work closely with each client to develop a complete understanding of the client’s goals and priorities in such planning.

Detailed explanation-3: -Only by closely linNing real estate development with urban planning, and taNing urban planning as the guide of real estate development, can real estate development be carried out in a better way and the city be better planned and constructed. In the urban planning, the land use in a certain area is clearly planned.

Detailed explanation-4: -Islamic estate planning is a fixed proposal for the management and outlook of an individual’s assets throughout their life and upon their passing, created by means of existing Islamic estate planning tools, for instance, farāʾiḍ (inheritance), waṣiyyah (will), hibah (gift) and waqf (endowment).