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As a financial planner, briefly explain the difference between estate planning and making a will? (10 marks) B.Mr. and Mrs. Chung both prepared wills when

As a financial planner, briefly explain the difference between estate planning and making a will? (10 marks)

B.Mr. and Mrs. Chung both prepared wills when they were newly married and never changed them. Now, 10 years later, they have had three children. Explain why they should review and change their wills. (10 marks)

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