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Estates

Estates are the assets and liabilities of a deceased person, including land, personal belongings and debts.

500 Questions

Will i get inheritance if grandmothers house is in daughter in laws name?

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Whether you will receive inheritance from your grandmother's house depends on the legal arrangements she has made. If your grandmother has a will specifying you as a beneficiary, you may still receive inheritance even if the house is in your daughter-in-law's name. It is important to consult with a lawyer to understand your rights and options in this situation.

Germanys life expectancy?

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As of 2020, Germany's average life expectancy is around 81 years. This can vary based on factors such as gender, socio-economic status, and access to healthcare. Overall, Germany has a relatively high life expectancy compared to many other countries.

When can you retire?

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The age at which you can retire varies depending on your country's retirement system and your personal financial situation. In the United States, for example, you can start receiving Social Security benefits as early as age 62, but full retirement age is typically between 66 and 67. It's advisable to consult a financial advisor to determine the best retirement age based on your individual circumstances.

What are the pros and cons of having a life estate agreement for a parent who may have to enter a nursing home?

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Pros: It allows the parent to retain the right to live in the property until their passing, potentially providing stability and comfort. It may also offer some protection for the property from being taken to pay for nursing home care.

Cons: This arrangement could complicate the parent's eligibility for Medicaid if they need to enter a nursing home, as the property may be considered an asset. It may also limit the family's ability to sell or transfer the property if needed.

How do you find out your dead father's Survivorship Records?

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You can typically request survivorship records from the organization or institution responsible for maintaining these records, such as the Social Security Administration, life insurance companies, or pension plan administrators. You may need to provide proof of your father's death, your relationship to him, and your identification to access this information. Contacting an attorney or financial advisor for assistance may also be helpful.

What is a codicil?

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A codicil is a legal document used to make changes or additions to an existing will without rewriting the entire will. It must meet the same legal requirements as a will and typically needs to be signed and witnessed.

Is a crummey trust an irrevocable trust?

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Yes, a Crummey trust is a specific type of irrevocable trust commonly used in estate planning to take advantage of annual gift tax exclusion amounts. Beneficiaries of a Crummey trust have the right to withdraw gifts made to the trust within a certain period, after which the gifts become irrevocable.

What is meant by the phrase intervening words?

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Intervening words refer to words that come between two other words or phrases in a sentence, breaking the connection between them. These words can sometimes disrupt the flow or clarity of a sentence and may need to be removed or repositioned for better understanding.

Only who can revoke a revocable trust?

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The person who created the revocable trust, known as the settlor or grantor, holds the power to revoke the trust during their lifetime. Once the settlor passes away, the trust becomes irrevocable and the terms cannot be changed.

Can criminal be a beneficiary on a life insurance policy?

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Yes, a criminal can be named as a beneficiary on a life insurance policy. There is no legal restriction preventing a criminal from being designated as a beneficiary. However, some insurance companies may have their own policies or clauses that restrict payouts to beneficiaries involved in criminal activities.

What goes in a revocable trust?

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Assets such as real estate, bank accounts, investments, and personal belongings can go in a revocable trust. You can also include instructions for how you want your assets to be managed and distributed during your lifetime and after your passing. Additionally, you can name beneficiaries who will receive the assets held in the trust.

Can a revocable trust be changed by a codicil?

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No, a revocable trust cannot be changed by a codicil. A revocable trust can only be amended by creating and executing a trust amendment document. A codicil is typically used to make changes to a will, not a trust.

Assuming that a Trust Maker has died when can a Successor Trustee close or dissolve a living trust?

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A Successor Trustee can typically close or dissolve a living trust after the Trust Maker has passed away, all debts, taxes, and expenses have been paid, and the assets have been distributed to the beneficiaries according to the terms of the trust document. It is advisable for the Successor Trustee to consult with an attorney to ensure all legal requirements are met before proceeding with the closure of the trust.

Can the surviving spouse dissolve a revocable living trust for the purpose of disinheriting a beneficiary?

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Typically, a surviving spouse cannot unilaterally dissolve a revocable living trust for the purpose of disinheriting a beneficiary if the trust was set up by both spouses. However, they may be able to amend the trust if it allows for changes to beneficiaries. It is important to consult with an attorney for specific legal advice in this situation.

What is the lexile measure of Heir To The Empire?

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"Heir to the Empire" by Timothy Zahn has a Lexile measure of 890L.

Who was Charles baskervilles next of kin?

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Charles Baskerville's next of kin was Sir Henry Baskerville, his nephew and the heir to the Baskerville estate.

Your sister is executor of my mothers will Do you have a legal right to see the will before your mother dies?

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As a beneficiary of the will, you may not have the legal right to see the will before your mother dies unless your mother or the executor chooses to share it with you. After your mother passes away, the executor is legally required to provide the beneficiaries with a copy of the will during the probate process. If you have concerns about the process or your rights, it may be helpful to consult with a legal professional specializing in estate matters.

What are people who read out Will's called?

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People who read out a will are typically referred to as the executor, or administrator if there is no will.

Who would inherit if a man dies and was survived by a father and sister?

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If a man dies and is survived by his father and sister, the father would likely inherit the man's assets as a direct blood relative. In the absence of a will specifying otherwise, the father would typically be the primary heir according to intestate succession laws.

What do you call a person who writes a will?

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A person who writes a will is commonly referred to as the "testator."

Who attends reading of will?

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Typically, the beneficiaries named in the will, the executor(s) of the will, and the deceased person's attorney may attend the reading of the will. However, in many jurisdictions, formal readings of wills are not legally required or commonly practiced, so most beneficiaries are often informed of the will's contents by the executor after the deceased person's passing.

What should you do if your father found out his sister forged his name two years ago to documents claiming there were no assets in their deceased mother's estate in Virginia?

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Your father should consult with a lawyer to understand his legal rights and options. He may need to take legal action to address the forgery and rectify the situation regarding his mother's estate. It's important to act promptly to protect his interests.

Where does Vladimir tod live?

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Vladimir Tod, the fictional character from the "Chronicles of Vladimir Tod" series, lives in Bathory. Bathory is a fictional town created by the author, Heather Brewer, for the setting of the series.

Which estate did mr bingley rent?

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Mr. Bingley rented Netherfield Park in the novel "Pride and Prejudice" by Jane Austen.