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Will Formalities

Letters of Instruction

Your will should not mention each one of your possessions because their value and nature change as time goes on. Revising your will upon every change would be both inconvenient and costly. Instead, your will should use general language in...

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...

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...

Trusts, Public and Private - I

Trusts, Public and Private - I

An express trust is either public or private. A public trust, also known as a charitable trust, is an express trust created for a charitable purpose. If an express...