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What Happens to Your Wealth When You’re Gone? Lessons from Celebrities
Manage episode 485165466 series 3561360
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A financial legacy can be complicated and overwhelming, especially without proper planning. Jon Hicks discusses the importance of legacy planning and how failing to do so can lead to costly legal battles and hefty tax bills. Celebrity examples like James Gandolfini, Kobe Bryant, and Aaron Carter illustrate the consequences of not having updated estate plans. Jon emphasizes the need for a will, particularly for those over 45 or with children, to ensure that your assets are distributed according to your wishes.
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