The Other Sure Thing
Though we don’t like to think about it, all of us will make an exit sometime. Are you prepared?
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Financial planning often doesn’t take place on a beach. But the next time you find yourself there, try this experiment, courtesy of management and motivational guru Stephen R. Covey: You’ll need a mason jar and an assortment of big rocks, smaller gravel, sand, and water.
Living trusts are popular, but their appropriateness will depend upon your individual needs and objectives.