A Simplified Guide to Creating a Personal Will
John Wiley & Sons, Oct 21, 2003 - Business & Economics - 224 pages
With this step-by-step guide, you’ll learn the entire process of creating a will—from determining what your will should include to making sure it’s a legally binding document. It demystifies the process and offers the tools and knowledge you need to safeguard the inheritance you leave your children or other loved ones. With the professional guidance provided by the authors, you’ll have a full understanding of the benefits and consequences of the decisions you make—and you’ll feel secure in knowing that no matter what happens, the people you love will be taken care of.
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Chapter 2 What to Include in Your Will
Chapter 3 Choosing Your ExecutorPersonal Representative
Chapter 4 Planning for Your Children
Chapter 5 Taking Care of Your Other Children Your Pets
Chapter 6 I Will Cut You out of My Will
Chapter 7 Living Trusts and Other Ways to Avoid Probate
Chapter 8 Advance Directives Planning for Incapacity
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accounts administration amount and/or appoint assets Auntie Mame avoid probate benefit bequests chil child choose civil union clause codicil couples court create date of death death tax decedent decedent’s decisions designate devise disinherit disposition distributed document domestic partnership durable power elective share ensure equal shares estate planning estate tax return event execute family members federal estate tax gift tax gross estate guardianship heirs incapacity income inheritance tax intestate IRS Form 706 joint tenants leave lifetime lineal living trust loved marriage married married couples minor children paid parents Parties partner payment percent personal representative personal representative’s power of attorney predecease probate estate probate process real estate real property relationship remains resident Residuary residuary estate same-sex settlor signature signed someone specific spouse spouse’s surrogate tangible personal property tax credit taxable Testament transfer valid wishes witnesses writing