Money Management Skills



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that when you die, someone else will immediately be able to access

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retirement accounts to ensure a smooth transition of assets outside

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For example, you can set up an investment or bank account that is

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Living Trusts
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similar to a corporation in that it is an independent entity to which
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over your assets by appointing yourself the trustee—that is, the

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Revocable trusts are good alternatives to a will and avoid probate

but may not avoid estate or inheritance taxation if you have a

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