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Tag: estate

What Is Insurance And How Is It Done

Insurance is a contract between a policyholder and an insurer, where the insurer agrees to pay the policyholder in the event of a specific loss in exchange for a premium payment. The purpose of insurance is to provide financial protection against potential risks, such...

What Is Estate Planning And How Is It Done

Estate planning is the process of creating a plan for managing and distributing your assets during your lifetime and after your death. Estate planning involves considering various factors such as tax implications, personal values, family dynamics and financial goals, in order to create a...