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The top 10 items for your annual financial checklist

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You've probably heard the urban legend about the guy who got divorced and remarried — and then accidentally left millions to his ex-wife when he died because he forgot to change his beneficiaries. The problem is, this isn't a myth. These things can and do happen, more often than you might think.

That's why, as the end of the year approaches, many financial experts say it's a good time to take stock of your financial situation by reviewing all of your important documents — especially if you've had any major life events — and assessing your overall financial situation to see how you've progressed toward your goals and what, if any, changes need to be made in the year ahead.

Here's a look at 10 items that experts suggest reviewing before the end of the year.

By Jennifer Woods, special to
Posted 25 November 2015

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