Wednesday, September 21, 2016

Estate Planning: 16 Things to Do Before You Die

While many of us like to think that we're immortal, the old joke is that only two things in life are for sure: death and taxes. Not only is it important that you have a plan in place in the unlikely event of your death – no one expected to lose Prince so soon – but you must also implement your plan and make sure others know about it and understand your wishes. As Benjamin Franklin's famous quote goes, “By failing to prepare, you are preparing to fail.”

Unless Prince's mysterious vault ends up containing a will, he died intestate – and perhaps didn't tell anyone his thoughts about or plans for his estate. If you've procrastinated on yours, this article will help you get going in the right direction.

Read more @ Investopedia.com

 

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