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What are the different options for Estate Planning?

There are a few options of Estate Planning, one can take based on the situation one is into. Some steps are cheap or free of cost, some are costly. But they do serve different purposes. The most common modes of Estate Planning are - 1) Will, 2) Trust, 3) Power of Attorney, 4) Gift, 5) Succession. There are other ways too.

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What is the easiest mode of Estate Planning? What is Probate?

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