Schwab MoneyWise ®

Have a family? You need an estate plan. (1 min)

Carrie Schwab-Pomerantz, CFP ® and senior vice president at Charles Schwab & Co., Inc., discusses why it’s important to create a will, especially if you have assets or underage children.

Got children? If they’re underage, then you need a will. This is where you designate their guardian and outline how your assets will be distributed. If you die without a will, the state gets to make major decisions about where your money goes.


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