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Proper estate planning for farmers ensures that consideration is given to all assets and the possible costs and taxes which might be incurred at death. Therefore, not understanding the implications of inadequate estate planning can lead to unintended negative consequences at death.
Drawing up a Will and Testament is often forgotten and, in most cases, passing on without a will can turn out to be an expensive and time-consuming process for beneficiaries.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?