Estates, Inheritances, & Aging Parents: Your Checklist
The Money with Katie Show
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The Importance of Estate Planning
"Everybody should do estate planning because everybody has things that they're going to pass on," she says. "You need to understand if they are going to maybe lose their cognizance later in life, who is going to be taking care of all their finances?" Do a complete inventory of all assets and make sure your kid knows the password or somebody knows the passwords so they can get into those things.
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