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3 reasons you should start estate planning in your 20s or 30s

If you are not even 40, estate planning might be the last thing on your mind. However, this is an important consideration regardless of your age. While you are busy enjoying the present, make sure you start preparing for the inevitable future. If the worst should happen, such as a car accident or debilitating illness, you can ensure your assets are passed on as you wish and save your loved one from legal hassles.

When should people write wills?

Writing a will can be a grim prospect for many people. Unfortunately, it seems as though many American adults are neglecting this important legal document. A report by Fox Business indicates 58 percent of adults do not have any type of estate planning document, whether it is a trust or will.

3 tips to follow as an executor of an estate

If you have accepted the role of executor of an estate, you might feel a mixture of honor and stress. It can be easy to get overwhelmed with the process, as administering an estate is a lofty responsibility. Taking some simple proactive steps to properly manage the assets will help you avoid any pitfalls, suspicion from beneficiaries and probate litigation.

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