We don't know exactly how much we will have in assets when we pass away. That fact leads some people to wonder how they can state in their estate plans how much each of their beneficiaries will get.
We solve this problem by using percentages or fractions for the assets in the estate to each of the beneficiaries.
So while we won't know exactly how much every beneficiary will get, we will know that all the assets will be distributed down to the last penny.
The following is a transcript of the video above:
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