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7 Reasons Why Everyone Should Have an Estate Plan

EstateplanningEstate planning is about protecting your assets,meeting your financial goals, and shielding your health care. Below are sevenreasons to have an estate plan. 

  1. To make sure youhave someone who can make health care decisions on your behalf
  2. Keep your family from going to court
  3. Avoid family discord
  4. Make sure that the correct beneficiaries receivewhat you want them to receive
  5. Ensure your children or elderlyparents are taken care of 
  6. Have someone capable manage yourassets
  7. Pass on a businesssuccessfully using a business succession plan 

See Bonnie Bowles Top 7 Reasons You Need An Estate Plan Even If  You Have Only $500 in the Bank, Examiner,  Aug. 24, 2013.