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There are lots of misconceptions about estate planning, and any one of them can result in costly mistakes. Understanding who needs an estate plan and what it should cover is key to creating a plan that is right for you.
Estate administration is the process of managing and distributing a person’s property (the “estate”) after death.
Your will is a legally-binding statement directing who will receive your property at your death. Why should you have a will? Here are some reasons.