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It involves topics people don't often like to think about and processes that are complex.
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Estate planning is the process of planning for the allocation of your assets when you die as well as how you want to receive medical care if you become incapacitated.
How should your assets be divided? One goal of estate planning is to make sure your wealth and other assets go to those you intend (and not to others), with a particular emphasis on minimizing taxes so that your beneficiaries can keep more of your wealth. Your estate includes everything you. What you need to know to get it done. Estate planning checklist the following checklist summarizes several actions and tools you may find helpful in planning your estate. Young people need an estate planning checklist as much as older folks. 'estate planning' evokes complexity and high costs. Learn more about estate plans at bankrate.com. What you need to know to get it done. A will allows you to determine what will happen to your money and possessions and who will become the guard. If done right, estate planning not only gives you control over your asset. As you work your way down the list, make sure you communicate your decisions with your loved ones. Elevate your bankrate experience get insider access to our best finan.
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