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There’s more to estate planning than just the will Wealthy clients need to engage in estate planning to properly leave their wealth to their heirs when they die, according to an article in The New York Times. Having a living trust is preferable to leaving a last will as the former allows the heirs to avoid the court process of accounting for and distributing the assets upon the client's death, an expert says. Clients may choose a living will or a durable health care power of attorney, but they need to know the difference before making a choice. A power of attorney can also help in putting things in order if the client becomes incapacitated or dies, but loved ones should be properly informed to avoid any problems.  -- The New York Times

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