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Spousal Election

Spousal Election

One of the main purposes for making and leaving a will is to guide the administration of the estate of the testator--the person who made the will. A will should be written in...

What is a Trust?

A trust is related to "trust" in the ordinary sense of relying on another. A trust is a formal arrangement for property management. The management of the property is according to the original owner's directions.

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Basic Vocabulary and Execution

The easiest way to make sure that a person's property is distributed after his death in keeping with his wishes is for him to prepare a will. A will is a legal document that explains where a person wants or does not want his property to go...

Inheritance Without Planning Means No Adding to the Default Plan

Inheritance Without Planning Means No Adding to the Default Plan

When a person dies intestate (without making and leaving a will), each state provides a default plan (usually known as the...

Codicils

Codicils

In Latin, the word "codicil" means "little will. A codicil is a formal document that amends the provisions of a will. The amendments may change, modify, or supplement the provisions of...