Download Quick & Legal Will Book, 5th edition by Denis Clifford PDF

By Denis Clifford

Make your individual criminal will, speedy & simply! so that it will create a will with the smallest amount of time and hassle, speedy & felony Will ebook is for you. It presents kinds and step by step directions to make a simple will that meets your wishes. how you can: identify beneficiaries decide on a parent organize a belief for minors identify an executor finalize your will switch or revoke a will and extra The e-book presents the entire kinds you wish as tear-outs and on CD-ROM, together with an all-purpose will, and customised wills for a: unmarried individual without young children unmarried individual with kids married individual with little ones married individual with out childrens The thoroughly up-to-date fifth variation offers the newest legislation of your nation and new information regarding the inheritance rights of same-sex undefined. (20080201)

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Extra info for Quick & Legal Will Book, 5th edition

Example text

In a number of states, an unmarried woman and man automatically become legally married if they live together and either hold themselves out to the public as being married or actually intend to be married to one another. Common law marriages are recognized in Alabama, Colorado, the District of Columbia, Georgia (if created before January 1, 1997), Idaho (if created before January 1, 1996), Iowa, Kansas, Montana, New Hampshire (for inheritance purposes only), Ohio (if created before October 10, 1991), Oklahoma, Pennsylvania, Rhode Island, South Carolina, Texas, and Utah.

However, Lucy could use her will to leave any money received from the sale of her partnership interest to a beneficiary she names. Other legal methods of transferring property at death include well-known probate avoidance methods such as living trusts and joint tenancy. All major transfer methods are discussed in Chapter 6. If you can’t leave your business interest, you can still leave whatever money the surviving owners pay for your share by your will, so that the money goes to whomever you want to receive it.

The UTMA is particularly attractive where a gift is likely to be used up by the time the minor is 21—say, for college costs. The Family Pot Trust With a family pot trust, you place property left to different children in one trust (thus the term “pot”). The trustee has authority to use all property in the trust as he or she decides is best. With the children’s trusts available in this book, one child’s trust property, or income from that property, may not be used for the benefit of another child.

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