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In today’s episode of the Empowered Planning Podcast, I discuss the critical yet often ignored (and sometimes truly uncomfortable) topic of estate planning. Still, it's essential for safeguarding your financial future and the well-being of your loved ones. We'll explore the differences between wills and trusts, uncover essential documents for robust estate planning, and share practical steps to get you started. I will share a few examples so you can learn from cautionary tales of celebrities who neglected estate planning and failed to grasp the profound impact it had on their families. When it comes to estate planning, there's a significant knowledge gap between what people think about estate planning and what it actually means. Today, I'm here to break it down and empower you to take decisive steps toward safeguarding your legacy (because, ultimately, that matters!).
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