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Estate Planning

Tuesday, January 17, 2012

5 Vital Estate Planning Mistakes You May be Making

Estate Planning -- Not for the Rich Only

A wise man once said, “If you don’t die before retirement chances are pretty good you’ll die sometime afterwards”.  And while we all know and understand that death is a sad fact of life, we sometimes put off making decisions that will help our loved ones after we’re gone.  When Steve Jobs died last year, many financial pundits wondered whether his advisors had helped him set up an effective estate plan.  Given the fact that Jobs famously resisted the advice of his doctors for several months while he explored other alternatives, some wondered if he might have acted similarly when it came to his estate planning.  With a net worth estimated at nearly $7 billion, the stakes were large -- his estate could have been hit with nearly $2.5 billion …

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