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Financial planning is the process
that helps you take stock of your financial situation, determine
your goals and objectives and develop strategies to help you take
control of your finances to achieve your goals. Financial planning
starts with the recognition that you have distinct needs and
goals.
Comprehensive financial planning encompasses a number
of critical areas, including retirement planning, estate planning,
insurance, tax planning, investment planning, cash management and
budgeting. Depending on your needs, it may also include education
funding, charitable and planned giving, trust management and
long-term care planning.
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