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While reviewing your estate planning documents, the occasion may arise when a change must be made to a will. The question is, how does one alter a valid will?When one wants to change their already drafted will, it can be done through a couple of pathways including:...
When discussing life estates, questions often arise, such as what rights does the grantee have? What are the advantages and disadvantages of a life estate? A life estate occurs when a grantor conveys a property to a grantee, or a remainderman, giving the grantee all...
In the process of making a will, a testator can be "specific, general, or demonstrative" in how their belongings will be disbursed after their death. A specific bequest dives into the specific personal items that the testator wants to give; the language of a specific...
When it comes to formulating an estate plan, there are so many benefits of a revocable trust. A revocable trust is a trust created by a grantor during their lifetime, and it is a trust which can be revoked or amended by the grantor during their lifetime. A revocable...
