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Estates
Estates are the assets and liabilities of a deceased person, including land, personal belongings and debts.
6,325 Questions
How do you find out your dead father's Survivorship Records?
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.
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?
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?
Intervening words are the words between any twochosen words in a text.
For example, the intervening words between "words" and "chosen" above are between any two.
Only who can revoke a revocable trust?
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?
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?
If you mean what property can be transferred to a revocable trust the answer is any property real or personal. However, the degree of protection provided by a trust depends on the type of trust. Since a trustor of a revocable trust retains a significant amount of control over the trust property that type of trust does not protect assets as well as a irrevocable trust can.
The most common property transferred to a trust is real property. Assets such as actively used bank accounts (savings and checking) should not be placed in trust. Classic cars, costly jewelry, valuable coin collections, etc., can be transferred to a trust in order to remove them from the owners estate.
Special needs trusts must be utilized to keep assets separate from individuals who depend on government benefits.
If you are considering the transfer of your property to a trust you should speak with an attorney who specializes in trusts to determine what type of trust will meet your needs and expectations. Trust law is very complicated. Trusts should always be drafted by a professional who can review your situation, explain your options and draft a trust that will meet your needs and legal standards.
Can a revocable trust be changed by a codicil?
Generally, a revocable trust is a living trust. The instrument that created the trust, sometimes called a Declaration of Trust, must set forth all the provisions of the trust including how and if it can be amended. Amendments to a trust must be attached to the original trust instrument. If the trust is recorded in the land records any amendments thereto must be recorded in the land records. Changes to a living trust are called trust amendments.
A testator can also set forth a trust in their will. That type of trust is called a testamentary trust. A testamentary trust can be amended by a codicil.
Assuming that a Trust Maker has died when can a Successor Trustee close or dissolve a living trust?
A well-drafted trust instrument should contain language that directs the manner by which a successor trustee can be appointed and how the trust will be terminated. Those directions must be followed. If the trust document is not clear then a court must make a determination especially if the trust holds title to real estate. You should seek the advice of an attorney who is experienced in trust law.
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?
"Heir to the Empire" by Timothy Zahn has a Lexile measure of 890L.
Who was Charles baskervilles next of kin?
Charles Baskerville's next of kin was Sir Henry Baskerville, his nephew and the heir to the Baskerville estate.
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?
I don't think they actually have a "Reading of the Will" anymore. Often times though it was just the attorney.
What was the name of the man that took over poes estate after his death and wrote lies about him?
Rufus Wilmot Griswold
Who would inherit if a man dies and was survived by a father and sister?
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?
The person who makes a will (or 'testament') is a testator.
want to know if family members should be a will reading and if a sibling is executor of estate how do you know your not in will if they say your not, shouldn't lawyer contact other siblings to say your not.
You can get a copy of the will from the records department from the state court house where the death certificate was filed and get a copy of that, too. If the department doesnt have the will part you must find out who was the attorney that handled the will and get with them, immediately.
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?
Mr. Bingley rented Netherfield Park in the novel "Pride and Prejudice" by Jane Austen.
Who is a person that inherited leadership?
That person might be Nasuada who now leads the Varden. After her father, Ajihad the leader of the Varden, is killed in a Urgal attack, she is choosen to lead the Varden
What book did EB White base on personal experiences at his farm in Maine?
EB White based the book "Charlotte's Web" on his personal experiences at his farm in Maine. The story was inspired by the interactions between the animals on his farm, particularly his observations of a pig named Wilbur and a spider named Charlotte.
What two items were exchanged before Montag left the professor's house?
A Bible and a green hornet earpiece (headphones transmitted)
When there is no money left in an estate does a will get read anyway?
If by the term "read" you mean notifying the beneficiaries of the contents of the will, yes, as long as the will has been admitted to probate. The requirement of giving notice of the probate of the will isbased on the probate itself, not whether there is any money in the estate. The so-called "reading" of the will, portrayed so dramatically in movies and TV, practically never takes place anymore. Modern practice is just to send copies of the will to the beneficiaries.
