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If you don’t plan carefully, your personal wealth could be lost to someone else’s children after you die or if you divorce (again). Bottom Line tax expert Ed Mendlowitz,, author of The Pay-Less-Tax Man blog at Bottom Line Inc., explains what you can do to prevent the financial pain for all involved.

For more information, check out Edward Mendlowitz’s website, or click here to purchase his book, Managing Your Tax Season.

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