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Showing posts with the label Wealth Building

Estate Planning:

Not Just For The Wealthy Estate planning is often thought of as something only the wealthy do, but that is far from the truth. It involves more than creating a will to distribute your assets after death. Estate planning also includes making decisions about your healthcare and finances in the event you become incapacitated. Homeowners, business owners, parents, and people with health issues need to plan their estate. Here's why: Protect Your Assets Estate planning helps protect your assets by ensuring they are distributed according to your wishes. Without an estate plan, your assets may be distributed according to state laws, which may not align with your wishes. Having an estate plan can also provide asset protection from creditors and lawsuits. Also, your estate plan will help to prevent or reduce family conflict and court battles over your assets.  Plan for Incapacity Estate planning also involves making decisions about your healthcare and finances in the event you become incapac

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