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Smart estate planning
Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Social Security and other Retirement topics.
How can estate planning or wills help take care of my family when I'm gone?
Smart estate planning
The most basic step in estate planning is writing a will. Will estate planning is crucial if you are concerned about the dispostion of your assets after your death. If you don't make a will, state law will determine who gets your property, and you may not agree with their choices. If you still have children at home, a judge may decide who will raise them. In your will, you can make these decisions yourself. If all you need is a basic will, you can confidently use a good self-help book or software to make a legally binding will.
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