Last Will and Testament, Legal Will online - Simple Will - Making a Will - Will Estate - Legal Forms
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To better understand the issues relating to your legal situation or problem, our legal information and other law related facts may be of interest to you
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Benefits of Preparing a Will.
Most people know that a will lets them determine who will receive their Property when they die. Despite this significant benefit, relatively few people have wills.
If you die without a will, your Property will be distributed according to state law. It may not be distributed the way you want, since it is distributed without considering the needs or circumstances of recipients.
A will can do more than just determine how Property is distributed upon death. It can name an executor. The executor will oversee your estate's financial affairs during "Probate," including making sure your debts are paid and that your Property is distributed as stated in your will. Without a will, a judge chooses your executor.
A will can also set up a trust, which can help save taxes. Thus, for people with substantial assets (like a home), a will can be a cost-saving tool.
For Married Couples with young children, wills are essential. Each spouse should have a will in order to select a guardian for the children in case both parents die. The guardian will raise the children and manage their money. Without a will, the critical decision of who will be your children's guardian will be left to a judge.
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Legal Articles about Last Will
Last Will Frequently Asked Questions
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Understanding Power of Attorney
The Power of Attorney can cover simple tasks like writing or endorsing ...
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Try to Avoid Probate with Living Trust
First of all, what is probate? We've heard various things about probate and we pretty ...
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Marriage is Good for Men
Men who become widowed or divorced may lose more than a spouse. They are also likely ...
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Breaking Up Qualcomm Will Solve Nothing
Re/code
This week, Qualcomm is preparing to launch the biggest advertising campaign in its 30-year history with the tagline “Why wait?” One opportunistic hedge fund has already asked Qualcomm the same. ... In China, where the company's licensing business has ...
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Monday morning job-seeker: Polish your resume at a free workshop Thursday
MLive.com
MUSKEGON, MI — The annual Veterans Jobs Fair onboard USS LST 393 is coming up quick, and Goodwill Industries of West Michigan is offering to help job seekers to get shipshape ahead of the event. The Job Fair will be held 10 a.m. – 2 p.m. Friday, May ...
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