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planning
The 10 Rules of Estate Planning: A Practical Guide to Protecting your Assets and Providing for your Loved Ones.
Estate planning is a crucial aspect of ensuring that your loved ones are taken care of and that your wishes are carried out after you pass away. It involves making
decisions about the distribution of your assets, appointing someone to manage your affairs, and planning for end-of-life care. Unfortunately, many people put off estate planning until it is too late, either because they don’t think they have enough assets to worry about or because the subject is unpleasant to think about.
The
consequences of not having a plan in place can be severe. Without a will or trust, the distribution of your assets will be determined by state law, which may not align with your wishes. Your loved ones may be left to deal with the legal and financial complexities of probate court, and there may be disputes over who gets what. Additionally, without proper planning, you may not receive the medical care and end-of-life support that you want.
