Only the wealthiest 10 percent of the population need to be concerned with estate planning,since estate tax has been almost eliminated for most people.

Question

Quizplus · Accepted Answer

While the estate tax has been eliminated for most people, estate planning is still important for everyone, regardless of wealth. Estate planning includes things like creating a will, designating beneficiaries for assets, selecting guardians for minor children, and ensuring that medical and financial decisions can be made if necessary. These are important considerations for anyone, regardless of how much money they have.

Only the Wealthiest 10 Percent of the Population Need to Be