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What happens to your money and your children when you die without a will? On today's episode of Know Your Money, we tackle this heavy topic, debunking the myth that the government will take all your money if you don't have a will and explaining how the law of intestate succession works to ensure that your assets go to the right people. We also discuss the importance of nominating a guardian for your children, the role of the Guardians Fund, and the impact of marital status on the division of your estate.

Don't miss this crucial conversation that could save your loved ones from unnecessary stress and complications in the future. We highlight the value of having a properly drafted will and a testamentary trust in place, which can provide a more efficient and secure way of managing your assets for your loved ones after your passing. Listen in as we break down the complex process of dealing with an estate without a will and the potential consequences for your family.

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