Estate planning is a vital aspect of financial management that often gets overlooked or postponed. Many individuals assume it’s something to address later in life or believe they don’t have sufficient assets to warrant a will. Nevertheless, regardless of age or monetary standing, having a will is essential for several vital reasons. At the start, a will ensures that your needs are revered after you pass away. It is a legal document that specifies how you need your assets distributed and who will manage your estate. Without a will, the distribution of your assets will be determined by the laws…
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