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27 June, 11:57

Harold is a middle-aged man living a peaceful suburban life with his family. He has accumulated quite some wealth through operating a small business. He wants his assets and wealth to be proportionately distributed between his wife and children. Harold hires an attorney to create a document specifying this distribution. Which phase of the financial life cycle is Harold in?

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  1. 27 June, 14:09
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    The answer is wealth distribution phase
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