Updated Friday, October 31, 2014 as of 4:42 PM ET

How the Great Recession Impacted Estate Planning

The great recession of 2007-2010 wiped out almost 40 percent, or two decades worth, of Americans’ wealth, the Federal Reserve said earlier this year. This shift in wealth will have a major impact across all aspects of family and wealth, not only for the middle class but also for wealthier people and business owners.

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