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What Are the Critical Elements of An Estate Plan?

Taking steps to help protect your estate is a key financial choice.  With proper strategies, you may be able to maximize your opportunities and help manage stress and confusion for your loved ones.

Taking steps to help protect your estate is a key financial choice. With proper strategies, you may be able to maximize your opportunities and help manage stress and confusion for your loved ones. Yet, approximately 50% of 50 year olds don’t have a will in place — despite the fact that almost 60% of Americans plan to leave an inheritance.1

Taking time to create estate strategies not only helps you put your financial house in order, but can also save you money. By documenting your wishes and goals, you create a legal framework that the courts, your executor, and your loved ones can follow when settling your estate. Without these strategies in place, your family risks going through a lengthy and expensive process — which could alter any wishes you had for your legacy.[1]

You can help make sure that your executor respects and upholds your values, goals, and desires for your estate by taking some time to thoughtfully prepare, today. Here are critical details to address when creating your own estate strategies.


[1] https://www.thebalance.com/top-reasons-why-you-need-an-estate-plan-3505444

Critical Elements Of An Estate Plan

Critical Elements Of An Estate Plan

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