FAQs > The Basics (11 entries)
What are the basic things every person needs to know?
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The most important piece of stewardship anyone should consider is stewarding their soul. And that can be fully addressed through a saving relationship with Jesus Christ. If that is ...
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A will allows you to state how you want your property (estate) distributed, name an Executor (also called a Personal Representative) to distribute your property, pay debts and taxes, handle other ...
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Certain assets pass outside of the will. For example: Assets owned jointly by two persons with rights of survivorship will pass directly to the surviving owner. ...
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Yes. The living trust provisions apply to assets placed in the trust but the will controls other assets that have not been placed in the trust, such as furniture, ...
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First, never cross out a sentence or words or make notes on your will or trust. These handwritten notes are an invitation for estate litigation. To change the will, ...
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In some states – yes, it is revoked. In others, a divorce may have the effect of revoking only the provisions that relate to your former spouse. You should ...
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Probate is the court-supervised legal procedure that determines the validity of your will (if you have one). The probate judge supervises the gathering and inventory of your estate assets, ...
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It takes careful estate planning. Some of the ways to avoid probate include jointly owned assets with rights of survivorship or creating a living trust that is funded during your lifetime ...
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If a disgruntled relative seeks to have the will declared invalid by filing a lawsuit, a will contest occurs. The disgruntled relative usually feels that he or she did not get ...
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It can be as simple as stating in your will the amount or percentage value of your estate that you want to go to a favorite charity. A charity ...
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About every two or three years, or sooner if any of the following occur: You move to another state Death of spouse or ...










