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The Essential Guide to Estate Planning
This chapter emphasizes the critical need for an estate plan to ensure personal and financial wishes are followed in case of incapacity or death. It highlights the potential pitfalls of inadequate planning, including emotional and legal turmoil, and clarifies the distinctions between trusts and wills. The discussion further explores the complexities of blended families and domestic partnerships, advocating for comprehensive documentation to provide peace of mind and preserve legacies.