There are three steps involved in making a lifetime gift: the first is that the donor intends to give the gift, the second is that the gift is delivered to the donee, and the last step is that the donee has to accept the gift for it to be a valid transfer. There are a...
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Nonprobate Assets
Nonprobate assets do not get distributed at a testator's death through use of a will. Instead, these items automatically transfer to whomever survives the decedent without use of probate. Nonprobate assets are transferred at death regardless of the testator's will, or...