Estate Planner Articles

Home > 2011 > June

Archive for June, 2011

June 27th, 2011

What is a Self-Proving Will?

(Estate Planners) - Many wills are “self-proving”, which is simply a term that is used to describe a will that is witnessed by two or more individuals who certify that the will was actually signed by the decedent or testator. This is often accomplished by a self-proving affidavit that is attached to the last will and testament.

Read the rest of this entry »
June 20th, 2011

What is a Pour Over Will?

(Estate Planners) - One type of testamentary instrument that is widely used in combination with a trust that was created during a person’s lifetime is a pour over will. A pour over will typically dictates that, when the testator passes away, all assets and property that they own that have not previously been transferred into the trust during the person’s lifetime automatically pour over into the trust.

Read the rest of this entry »
June 13th, 2011

What is an Oral Will?

(Estate Planners) - An oral will, also sometimes referred to as a nuncupative will, as the name suggests, is merely a verbal accounting of a testator of how he or she wishes for property and assets to be distributed upon death. The oral will is similar to a traditional (written) will, but is spoken. It is rare for an oral will to be used in modern times, although it is certainly a viable option in some circumstances, such as in an emergency situation where there is no time for a written will to be prepared before death occurs.

Read the rest of this entry »
June 6th, 2011

What is a Joint Will?

(Estate Planners) - When two people make a will together, the instrument is known as a joint will. In a joint will, the two people making the will bequeath all of their assets and property to one another. The joint will also contains provisions concerning the distribution of assets and property when the second person passes away.

Read the rest of this entry »

You are currently browsing the Estate Planner archives for June, 2011.

  
Portfolio Management
Retirement Planning
Estate Planning
Education Planning
401K Rollover
Services
News
Estate Planner Login
Privacy Policy
Terms of Service
Contact
Estate Planner Directory
Calculators
Sitemap
© 2018 EstatePlanners.com All rights reserved