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JK Lasser's New Rules for Estate, Retirement, and Tax Planning, 6th Edition
book

JK Lasser's New Rules for Estate, Retirement, and Tax Planning, 6th Edition

by Stewart H. Welch III, J. Winston Busby
February 2019
Beginner content levelBeginner
352 pages
9h 14m
English
Wiley
Content preview from JK Lasser's New Rules for Estate, Retirement, and Tax Planning, 6th Edition

CHAPTER 6You Don't Have a Will? Big Trouble!

There's no way to get around it. Thinking about death is downright depressing. The emotional burdens of merely considering it can easily overshadow any financial or legal planning. However, not writing your will and failing to do even the most basic estate planning can have disastrous effects on your loved ones and other survivors.

Let's take a closer look at how property is transferred to your heirs if you die without a will. If you die without a will, you are said to die intestate. In essence, you have delegated your last wishes to your state legislators. Your unwritten will reads something like this:

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Publisher Resources

ISBN: 9781119559139Purchase book