- Home
- Meet the Team
- Log In
- Contact
- Careers
- Search
- Search Results
- Branches & ATMs
- Rates
- Log In
- About MCU
- Join MCU
- Personal Banking
- Lending
- Credit Cards
- Lending Services
- Insurance
- Member Resources
- MCU Financials
- Forms and Disclosures
- Privacy Policy
- Automated Telephone Banking
- Order New Checks
- Security & Fraud Alerts
- Privacy Notice
- Schedule an Appointment
Estate Planning
The process of organizing and arranging for the management of a person's assets and property after their death.
More Details
Estate planning is the process of planning for the management and distribution of assets after an individual passes away. Estate planning can help ensure that an individual's wishes are carried out and that loved ones are taken care of after they are gone.
Example
You want to make sure that your assets are distributed according to your wishes, so you work with an attorney to write a will. This is a form of estate planning.
Related Terms
Accrued Interest
Interest earned on a member's loan or debt that has not yet been paid or added to the principal.
Remittance
A financial transaction in which money is transferred from one person to another, typically to support family members or other loved ones.
Estate Planning
The process of organizing and arranging for the management of a person's assets and property after their death.