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What is the advantage of setting up an estate plan rather than just doing nothing?

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What is the advantage of setting up an estate plan rather than just doing nothing?

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Having a plan will help avoid confusion and uncertainty in the event of your death or incapacitation by letting everyone know what you would like to have done with your property, investments and even yourself. Like many events in life, unexpected death or incapacity can make deciding what happens to you and your estate very complicated.

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