The 20 Biggest Financial Mistakes Retirees Make

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Not Settling Your Tax Issues

If you don’t settle your tax issues, it can leave a big headache for your family after you are gone. Just because you die does not mean tax problems just go away. The next of kin will be responsible for paying any outstanding debt you owe. It is vitally important that you take care of any issues before it becomes too late.

There are tax professionals that can help you settle these issues in the right way and may help save you a good deal of money as well.  Don’t tarnish your legacy by leaving loved ones with tax bills, it will create resentment and ill memories.