Which type of planning deals with the disposition of assets at or after death?

• A. Estate planning
• B. Tax planning
• C. Retirement planning
• D. Education planning

Answer: (A)

Disposition of assets at or after death is estate planning. It focuses on deciding who inherits what and how those assets pass, using tools like wills, trusts, beneficiary designations, and powers of attorney. It also covers safeguards to carry out wishes, minimize probate hassles, and coordinate taxes where appropriate.

Tax planning relates to minimizing taxes during life and at transfer, not specifically the asset handoff after death. Retirement planning centers on income and financial needs in retirement, and education planning aims to fund future education costs. So the planning type that directly addresses what happens to assets once you’re no longer alive is estate planning.