3 Things Super Senior Citizens Can Do To Manage Finances Effectively
Financial planning is crucial in every stage of life to achieve specific needs in each phase.
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Financial planning is crucial in every stage of life to achieve specific needs in each phase.
Estate planning helps you safeguard your assets; learn how trusts are used for different purposes in estate planning.
The power of attorney wields significant powers on the principal’s behalf. However, their decisions can be revoked, challenged or restricted via legal processes.
A POA ensures your family members are protected from unnecessary disputes over your wishes regarding finances, medical treatment, etc., after you are incapacitated or have died, and avoid lawsuits.
If there is no will after death, there can be several claimants to property, leading to legal disputes. So, instead of waiting for the 'right time', it should be readied with the start of one's career.
A “Power of Attorney” is a document that authorises a person to manage things and make decisions on somebody else’s behalf
Planning for inheritance is simple for married people. There is enough literature available to guide them on how to plan their inheritance. But the case is not so simple for single people.
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