| Making Final Arrangements -- Body Disposition |
| When thinking about your estate plan, you should also reflect on what kind of body disposition and ceremonies you desire. Planning can save money as well as save your survivors from uncertainty and further grief. A will is poor place to express your preferences because it probably will not be located and read until weeks after your death. Instead, you can write out a statement of your preferences that will be promptly available at your death to ensure that your wishes are carried out.More... |
| Trust Elements - Beneficiary |
| A trust has five main elements. First, a settlor transfers some or all of his or her property. Second, the property transferred by the settlor is designated trust property. Third, the trust property designated by the settlor is transferred with the settlor's intent that it be managed by another. Fourth, the trust property designated by the settlor is transferred for management by a trustee. Fifth, the trust property designated by the settlor is managed by a trustee for the benefit of a beneficiary.More... |
| Executors - Investing Estate Assets |
| After paying all of the estate's debts and expenses, or perhaps while waiting until it is time to pay them, what does an executor do with all of the estate's money? Is the executor responsible for actively investing the estate assets? Many people are under the mistaken impression he is.More... |
| What is a Trust? |
| A trust is related to "trust" in the ordinary sense of relying on another. A trust is a formal arrangement for property management, in the manner of an owner, by another. The management of the property is according to the original owner's directions.More... |
| Will Contests -- Fraud, Mistake, Revocation |
| Fraud will occur when the testator makes or signs a will as the result of having been willfully deceived as to the nature or the contents of his will or as to some facts that bear upon the disposition of his property. Mistake is the same, but without the willful deceit by a third person. More... |
