Nothing is more frustrating than working very hard to achieve something and then losing it. The same is true in the world of money. It can be very sad (sometimes tragic) if all of a sudden things for which we have worked so hard are destroyed or taken away.
Part of good financial planning is to plan for things that may go wrong – and to protect the things you care about most. This includes the relationships in your life and your family members. And it can include the material things – a home, cottage, car, boat, etc.
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