When and how should I revise my will?
You should revise your will any time to reflect any change in family status, such as marriage, divorce, or birth of a child.
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You should revise your will any time to reflect any change in family status, such as marriage, divorce, or birth of a child.
→ Read MoreIf you have more children after you write your Will, the way to avoid problems is to keep your Will up to date.
→ Read MoreIn a settlement, instead of getting nothing and having to pay his or her own legal bills, your brother would get something, which would deplete the size of the estate that would otherwise go to the other heirs.
→ Read MoreMany young adults avoid writing a will because they mistakenly believe they are not old enough or wealthy enough to need one. But at any age, if you die without a will, the distribution of your property, no matter how meager, will be decided by a probate court and the final outcome may not be what you would have wanted.
→ Read MoreWills written by hand (not typed or created on a computer or word processor), also known as holographic wills, are only valid in a few states. Click for a list of states that legally recognize holographic wills.
→ Read MoreA deathbed will is a will created and executed when the testator is facing imminent death.
→ Read MoreA self-proving will, or a self-proving affidavit attached to a will, certifies that the witnesses and testator properly signed the will.
→ Read MoreSomeone who serves as an Executor or Personal Representative of an estate is entitled to get paid for the job.
→ Read MoreAs long as a Will is not contested, the fact that a witness dies, moves, loses capacity, or is no longer friendly should make no difference.
→ Read MoreA trust is a way of transferring your property to an artificial legal entity or person (the trust) before your death, while still having the use and/or control of it during your lifetime. There are two kinds of trusts, revocable and irrevocable. If the trust is revocable you can change it or decide to take the property back any time during your life. If the trust is irrevocable, you can’t change it once you have set it up.
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