# Estate Management Practice

**IRI:** https://folio.openlegalstandard.org/R9bCaZjWhV1f2PgQiwzAkDm

## Labels

**Alternative Labels:**

- Asset Management Practice
- Private Wealth Practice
- Wealth Management Practice

## Definition

Estate Management Practice refers to the administration and oversight of a person's estate, including assets, liabilities, and financial affairs, both during their lifetime and after their death. It encompasses tasks such as estate planning, executing wills, managing trusts, and ensuring compliance with legal and tax obligations.

## Sub Class Of

- https://folio.openlegalstandard.org/RBWo88jsbY4qHzhlTFr5Np7

## Parent Class Of

- https://folio.openlegalstandard.org/R9yqnXWcGhtBOudF4GuEVPs
- https://folio.openlegalstandard.org/RB225Fr8BeyqZIG3hy3W8JG

## See Also

- https://folio.openlegalstandard.org/RCBP9N5ER7Y6inNQdjggrKt

**Deprecated:** False