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Just be ware if they want to decline their share of expenses while they want their share of the benefits. If you plan to share an asset make sure you have a written operating agreement and understanding.

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12y ago

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Share and share alike as written in a will?

Share and share alike means that each devisee mentioned in a will takes an equal share. For example, if three children are to share and share alike then each takes one-third.


What are the release dates for Share and Share Alike - 1925?

Share and Share Alike - 1925 was released on: USA: 15 December 1925


Can beneficiaries give up their trust from a will?

Yes, they may decline the inheritance. There is no legal requirement to accept something you do not want.


Can an executor of a will force you to accept money from the estate?

No, you cannot be forced to accept a bequest. You can decline and the money will go to the other beneficiaries.


Can beneficiaries get 20 percent of the value of the policy before giving the remainder to others in the family?

Beneficiaries are entitled to 100% of the policy. They can share it with other family members if they want.


What is the answer to instructional fair IF2508 share and share alike?

20 Years old


In Florida concerning the payment to a beneficiary of a large account with two beneficiaries do both beneficiaries need be present together for one to withdraw their share of the funds?

No, the executor can pay them separately.


Does the person who is named beneficiary on a life insurance policy have to share the money if the other two beneficiaries die but have children living?

Possibly yes. That depends on whether a tenancy was also recited. Generally, if the three who were named as beneficiaries were to take as "joint tenants" then the share of any deceased beneficiary would pass to the other beneficiaries. If the document was silent as to a tenancy then generally, the share of a deceased beneficiary would pass to their own heirs.


Trust deed leaves property to 4 adult children and Both parents have now passed away What if one of the four die Where does their share go?

If the deed is silent, the decedent's share passes to the decedent's estate (to the decedent's heirs, if no Will, or beneficiaries, if there is a Will). If the deed is silent, the decedent's share passes to the decedent's estate (to the decedent's heirs, if no Will, or beneficiaries, if there is a Will).


What are the release dates for Share and Share Alike - 2010?

Share and Share Alike - 2010 was released on: USA: 30 January 2010 (San Diego Black Film Festival) USA: 13 February 2010 (Pan African Film Festival)


What happens if siblings inherit property share and share alike and then later one dies?

Their share becomes a part of their estate.


Share and share alike and you trust they will take care of?

The quote "Share and share alike, and you trust they will take care of" comes from the hit television show named Dukes of Hazzard. This show ran its course from January 26, 1979 to February 8, 1985.