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If the executor named in your will has since emigrated, it may be wise to update your will and appoint someone based locally. This ensures a smoother estate administration process, avoiding delays and unnecessary financial burdens on your beneficiaries.
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We all know that delayed gratification is the foundation of wealth building: forgoing the immediate pleasure of spending in order to put money aside for the future. However, practice is different to theory and it’s not always feasible (nor enjoyable) to spend a life delaying satisfaction in the present in the expectation of some future reward.
