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The general nature of financial planning services offered by law firms predominantly revolves around tax, estate, and retirement planning. Law firms typically have expertise in legal matters that intersect with financial planning, including tax regulations, estate laws, and retirement accounts. This allows them to provide customized strategies that align with clients' legal needs concerning wealth transfer, asset protection, and minimizing tax liabilities.

Tax planning involves advising clients on how to manage their finances in a way that achieves the best tax outcomes while remaining compliant with existing laws. Estate planning includes the preparation of wills, trusts, and other documents that dictate how assets will be distributed upon death. Retirement planning focuses on helping clients prepare financially for retirement, ensuring a seamless transition into this new phase of life without financial stress.

While other options may include relevant services, they typically fall outside the primary focus of legal expertise found in law firms. Thus, the provision of services related to tax, estate, and retirement planning is characteristic of how law firms position themselves in the financial planning landscape.