Effective estate management enables you to manage your affairs during your lifetime and control the distribution of your wealth after death. An effective estate strategy can spell out your healthcare wishes and ensure that they're carried out – even if you are unable to communicate. It can even designate someone to manage your financial affairs should you be unable to do so.
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The money problems or bad lifestyle habits of adult children could lead to the squandering of any inheritance they receive.
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Use this calculator to estimate your net worth by adding up your assets and subtracting your liabilities.
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When do you need a will? The answer is easy: Right Now.
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A will may be only one of the documents you need—and one factor to consider—when it comes to managing your estate.