Will

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Will

A document stating how and to whom a person wants his/her property transferred after death. In addition to transferring property, a will may specify how certain responsibilities are to be performed. For example, a will may state who shall take care of the decedent's minor children, how they are to be educated, and so forth. A court must enforce the provisions of a will unless there is some overriding legal reason for it not to do so. Many advisers recommend writing a will to ensure that the writer's wishes are carried out.

Will.

A will is a legal document you use to transfer assets you have accumulated during your lifetime to the people and institutions you want to have them after your death.

The will also names an executor -- the person or people who will carry out your wishes.

You can leave your assets directly to your heirs, or you can use your will to establish one or more trusts to receive the assets and distribute them at some point in the future.

The danger of dying without a will is that a court in the state where you live will decide what happens to your assets. Its decision may not be what you would have chosen, and its deliberations can be costly and delay settling your estate.

will

An instrument by which a person directs the disposition of assets after death.At one time the term will referred to disposition of real property, and a testament was a disposition of personal property,hence the expression “last will and testament.”Today,will covers all properties. See also holographic will (handwritten), nuncupative will (oral), intestate succession (dying without a will), and escheat (dying with no will and no heirs).
References in periodicals archive ?
The number of wilful defaulters has gone up to 8,167
One is probably that the patients involved were of sound mind, so they would not come under wilful neglect.
The Solution Lies Within The concept of wilful default is not widely used globally.
Of the nurses already charged, Cahill, of Heol Traharne, Coytrahen, near Bridgend, and Bertulano, 44, of Litchard Cross, Bridgend, each face six counts of wilful neglect.
In this paper, I question the usefulness of the concept of wilful blindness.
She was arrested at Heathrow Airport on Tuesday evening and taken back to West Yorkshire for questioning The three children, aged 11, six and five, were discovered alone in their house last month in Burley, Leeds, after police were alerted by a neighbour A police spokesman said: "A 33-year-old woman has been arrested on suspicion of wilful neglect in relation to an incident in Burley on Saturday, August 30, in which three children were found at an address with no adult present.
You seem to have been happy to vote for a wilful house by Laurie Chetwood, which will assuredly look pretty tatty in a few years (months?
In the last paragraph he writes "I shall think of you & pray for you; and I have always been proud of you & am almost wilful with pride & arrogance about you [.
Tracey Wright was found guilty of manslaughter and wilful neglect by a jury at Norwich crown court last month.
It consists precisely in the direct and wilful elimination of an innocent human being (John Paul II, Evangelium vitae, 57).
At a minimum, TEI strongly urges the Department to ensure that the penalty will only apply to wilful misconduct of employees and not to acts or omissions involving "indifference.
Banks will not entertain wilful defaulters or those promoters who have not received a clean chit from the forensic auditor to participate in the bidding process of acquiring distressed companies.