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Estate Planning Conversations Part One

Jill on Money with Jill Schlesinger

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Navigating Estate Planning Essentials

The chapter discusses the importance of estate planning, including naming beneficiaries and creating essential documents like a will, power of attorney, and living will. It emphasizes the significance of open communication, selecting the right executor, and understanding the roles of probate and direct beneficiary assets. The conversation also addresses trust options, focusing on revocable trusts, and underscores the complexities of different types of trusts and the need for legal advice in estate planning.

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