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Estate planning isn't just for the wealthy; it's a crucial aspect of securing your legacy and ensuring your loved ones are taken care of. In this comprehensive guide, we delve into the intricate world of estate planning, featuring insights from the esteemed Jasper Thompson on WILLS AND TRUSTS. Understanding Estate Planning Estate planning involve
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Wills serve as legal documents outlining asset distribution after death, enabling individuals to designate beneficiaries, appoint guardians for minors, and assign executors to manage their estate. Understanding Trusts Trusts are legal arrangements where assets are held by a trustee for the benefit of beneficiaries. They offer flexibility, pri