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CFA Level 3
Portfolio Management and Wealth Planning

Importance of a Last Will in Estate Planning

Very Easy Private Wealth Management Estate Planning

Marilyn is a successful business owner who is beginning to think about her estate planning. She wants to ensure that her assets are distributed according to her wishes after she passes away. She is particularly interested in minimizing her estate taxes and ensuring that her beneficiaries are well taken care of. Which of the following documents is essential for Marilyn to articulate her wishes regarding the distribution of her assets upon her death?

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