Before You Do Estate Planning, Start With Valuing Your Estate
Estate planning ensures that your wishes regarding what you leave behind are adhered to. But before you begin naming beneficiaries and divvying up assets, take the time to determine the actual value of your estate. Why? And how? Here's what you need to know to achieve your estate planning goals.
Why Value Your Estate?
Even if you generally know to whom you want to leave your assets, you should take inventory of the amounts you're leaving behind.
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