| Is estate planning only for the rich? |
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| Written by Wilfred Ling | |
| Saturday, 30 January 2010 | |
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No. The poor also need estate planning. Regardless whether you are poor or rich, you have responsibilities which you cannot avoid even if you are dead. For example, who is going to take care of your children and your parents? Also, an immediate estate can be created easily using insurance. If you think you are “poor”, that means you are either underinsured or bought junk insurance. |
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