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A will is a document that directs how a persons "estate" (that is all their possessions after all debts and taxes have been paid off) is to be disposed of after they are dead.
The will may or may not leave some or all of the estate to the persons children - also the laws in some countries my override the provisions of a will in certain circumstances.
What else can I help you with?
Where can one learn how to create trusts and estates for one's children?
One can learn how to create trusts and estates for children by visiting a financial adviser. If this is not an option, there are several websites that will walk one through the process.
Who was the first second and third estates?
The First Estates was the Clergy; the Second Estates was the Aristocrats; and the Third Estates was the poor.
Who was the representative from the three estates?
Estates General
What if there are no estates will the children have to pay debts left by parents?
A person's estate is responsible for their debts unless someone else agreed to pay them.
What are three key ideas to include in the summary of the meeting of the estates general?
What are the three key ideas in the meeting of the estates general?" what was the problem in the estates. what was the problem in the estates.
If both parents die within 3 months of each other and there is no estate and both were on medicare are the children responsible for paying the outstanding balances to the hospital?
The parents' estates are responsible for their debts. The creditors should be notified of their deaths. If there are no estates then the creditors are out of luck.
Where is the Hoffman Estates Branch Library in Hoffman Estates located?
The address of the Hoffman Estates Branch Library is: 1550 Hassell Road, Hoffman Estates, 60169 2629
Who is responsible for a loan if both the borrower and guarantor have died?
The estates are responsible for the debts of the decedents.The estates are responsible for the debts of the decedents.The estates are responsible for the debts of the decedents.The estates are responsible for the debts of the decedents.
What is a sentence with the word estates in it?
The estates of her parents were administered after their deaths.
What Representatives from what estates comprised the Estates-General?
Clergy and Nobality
When was Harrods Estates created?
Harrods Estates was created in 1897.
When was Cooper Estates created?
Cooper Estates was created in 1991.
