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FBI National Business Institute, White Plains, New York May 16, 2017ESTATE PLANNING AND ADMINISTRATION: THE COMPLETE GUIDE PROBATE PROCESS OVERVIEW Leslie Kevin, Esq. Special Counsel Buddy & FEDER
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How to fill out estate planning and
How to fill out estate planning and
01
Gather all the necessary information and documents such as wills, trusts, financial records, and beneficiaries.
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Identify an experienced estate planning attorney to guide you through the process.
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Discuss your goals and wishes with the attorney, including asset distribution, healthcare decisions, and guardianship of minor children.
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Create a comprehensive estate plan that may include a will, power of attorney, healthcare directive, and trusts.
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Review and update your estate plan regularly to reflect any changes in circumstances or laws.
Who needs estate planning and?
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Everyone, regardless of age or wealth, can benefit from estate planning.
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Individuals with significant assets or complex financial situations should especially consider estate planning.
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Parents with minor children should have a plan in place to designate guardianship and ensure their children's future.
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Those concerned about healthcare decisions and end-of-life care may benefit from healthcare directives included in an estate plan.
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Business owners and entrepreneurs should have a plan to protect their business interests and succession strategies.
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