Estate planning is the process of anticipating and arranging for the disposition of an estate. Estate planning typically attempts to eliminate uncertainties over the administration of a probate and maximize the value of the estate by reducing taxes and other expenses.
Compensation for key executive employees is most important for your organization. Executive compensation covers employees that include company presidents, chief executive officers (CEOs), chief financial officers (CFOs), vice presidents, occasionally directors, and other upper-level managers.
Employee benefits are defined as indirect and non-cash compensation paid to an employee. Some benefits are mandated by law and others vary from firm to firm or industry to industry.