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Differences between a will and an estate plan

As people plan for succession in business or the distribution of family assets, decisions and wishes should be put in writing, according to many local experts.  Attorney Bob Ross of Ross Estate Planning in Sturgeon Bay explains the major differences between a simple will and an estate plan.

 

 

Ross adds that an estate plan requires conversations with family members and even your doctor.  He says that way any end-of-life decisions are made in advance and your wealth and values are passed on to your family members.

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