Refers to the process of planning for what will happen to an individual's assets in the event of his/her death. This generally requires an attorney's involvement.
More Common Terms
- Stroke A sudden loss of consciousness followed by paralysis which is caused by hemorrhage into the brain, formulation of a blood clot or mass of undissolved matter in the blood.
- Diabetes A disorder in which the pancreas produces too little insulin with the result that the body is unable to adequately metabolize sugar.
- Disability Insurance A type of insurance coverage that compensates some percentage of a worker's total wages should they become sick and/or injured and therefore unable to work.