From 2f201f877344794fe5455204c3fc90ee6f21e1eb Mon Sep 17 00:00:00 2001 From: Edgardo Elledge Date: Fri, 22 Nov 2024 21:17:32 +0000 Subject: [PATCH] Add Wealth Creation: A Personal Financial Plan --- ...-Creation%3A--A-Personal-Financial-Plan.md | 23 +++++++++++++++++++ 1 file changed, 23 insertions(+) create mode 100644 Wealth-Creation%3A--A-Personal-Financial-Plan.md diff --git a/Wealth-Creation%3A--A-Personal-Financial-Plan.md b/Wealth-Creation%3A--A-Personal-Financial-Plan.md new file mode 100644 index 0000000..3b45935 --- /dev/null +++ b/Wealth-Creation%3A--A-Personal-Financial-Plan.md @@ -0,0 +1,23 @@ +If enjoy to disinherit a son or daughter, be apt to spell about it in your will very clearly and specifically, according to your states rules. Describe that you acting intentionally, but don't specify a justification either, since that can create ammunition to challenge the disinheritance. + +All bank accounts, stocks, bonds, mutual funds, different investments with documents of title end up being transferred. This means visiting each bank, broker or other financial successful. Valuable items of property such as boats, autos, motor homes and maybe firearms should have title revitalized. This means more documents of title must be filed or recorded plus much more standing in line will occur. Might also need to make your living trust your secondary IRA, annuity, 401K, and insurance beneficiary. Implies is more career. + +Another great feature of the Living Trust is financial assistance during existence if suddenly you become incapacitated. In this particular case, your successor trustee begins to treat your property for your benefit which can pay your bills. Another court procedure is avoided as no adult guardianship is sought. 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