| According to Slate magazine, there are
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| | a responsibility to better their
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| now 8.9 million American households with
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| | environment. These are the
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| assets over $1 million, excluding their
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| | philanthropists. Think: David
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| homes and retirement funds. Dr. Larry
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| | Rockefeller.While these millionaires vary
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| Samuel of the consulting group Culture
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| | considerably from one another, they all
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| Planning breaks them down into five basic
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| | have one thing in common: planning. It
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| groups:- Thrillionaires. These
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| | has been said that those who fail to
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| millionaires live on the edge, consuming
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| | plan, plan to fail. Whether you are a
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| conspicuously. They're more likely to be
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| | millionaire or aspire to be one, planning
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| found rolling the dice in Las Vegas than
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| | is the way to achieve your financial and
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| taking a family vacation. While they're
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| | life goals.As with most endeavors,
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| not impulsive, they take calculated
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| | planning is essential when it comes to
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| risks. Think: Donald
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| | deciding what should happen when you are
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| Trump.- Coolionaires. These millionaires
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| | gone and how to deal with that
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| live in the cultural centers and support
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| | eventuality. Will the kids be taken care
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| fine art, architecture, and other
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| | of? What if my spouse remarries? Will I
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| expressions of creativity. They probably
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| | pay too much in taxes or expenses? What
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| acquired their wealth through a
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| | if my family fights over my estate? If
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| combination of innate talent and an
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| | you start now, you can make that eventual
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| extraordinary amount of hard work.
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| | transition smoother and less traumatic
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| Think: Steve Jobs, founder of Apple
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| | emotionally and financially for you and
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| Computer.- Realionaires. These
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| | your family.A qualified estate planning
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| unassuming millionaires live ordinary
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| | attorney can help you set up a plan that
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| lives. They do not like to spend money
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| | will put your mind at ease. Taking care
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| unnecessarily. However, they do spend
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| | of matters now can avoid big messes down
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| money on their priorities, like
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| | the road when you are incapacitated or
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| education. These millionaires may be the
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| | after your death. You will know that
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| "Millionaire Next Door" as described in
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| | things are taken care of and you can
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| the book by Drs. Stanley and Danko a few
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| | concentrate on more important things,
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| years back. They are hard working and
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| | like creating memories with your
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| down to earth. Think: Warren
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| | family.William K. Hayes is a member of
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| Buffet.- Wellionaires. They value their
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| | the prestigious American Academy of
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| spiritual, mental, and physical health.
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| | Estate Planning Attorneys and has been
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| They are open to new ideas and methods,
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| | engaged in the practice of law for the
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| which may be how they acquired their
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| | last 31 years. The Hayes Law Firm
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| wealth. Think: Mark Hughes, founder of
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| | specializes in Trusts, Probate and Asset
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| Herbal Life.- Willionaires. Their wealth
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| | Protection Planning for professionals and
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| is often inherited and they view it as a
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| | small business owners.
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| sacred trust. They view their wealth as
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