Estate planning is the process of anticipating and arranging, during a person's life, for the management and disposal of the person's estate during his life and/or after minimizing compliances, cost and complexities. Estate planning includes planning for incapacity as well as a process of reducing or eliminating uncertainties over the administration of a probate and maximizing the value of the estate by reducing taxes and other expenses. This is achieved through WILL's, formation of Trusts, mediation and advance directives.