Many of the country's wealthiest people have not taken basic steps to protect their assets or mapped out an estate plan, according to a recent survey by wealth management firm PNC Advisors.
The poll, which surveyed 792 affluent Americans - including 500 high-net-worth individuals - found that 37 percent of those queried with $10 million or more in investable assets do not have a will, health care proxy or trust, and have not named a trustee or administrator for their estate.
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